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NMDC intimates of Employee OFS of up to 89.08 lakh equity shares

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Capital Market

From 16 July to 18 July 2021

NMDC announced that in accordance with the approval given by Alternative Mechanism on 5 July 2021, the President of India, acting through Ministry of Steel, Government of India is proposing to offer up to 89,08,907 equity shares of face value of Re 1 each to the eligible employees of the Company at a price Rs 165.50 per equity share.

The Employee OFS shall remain open from 16 July 2021 to 18 July 2021 (both days inclusive).

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First Published: Jul 15 2021 | 6:24 PM IST

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