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NMDC Ltd.

BSE: 526371 Sector: Metals & Mining
NSE: NMDC ISIN Code: INE584A01023
BSE 00:00 | 14 Aug 101.80 -2.10
(-2.02%)
OPEN

103.40

HIGH

104.75

LOW

100.00

NSE 00:00 | 14 Aug 102.05 -1.75
(-1.69%)
OPEN

104.10

HIGH

104.80

LOW

101.70

OPEN 103.40
PREVIOUS CLOSE 103.90
VOLUME 229890
52-Week high 162.55
52-Week low 93.50
P/E 8.66
Mkt Cap.(Rs cr) 32,209
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 103.40
CLOSE 103.90
VOLUME 229890
52-Week high 162.55
52-Week low 93.50
P/E 8.66
Mkt Cap.(Rs cr) 32,209
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

NMDC Ltd. (NMDC) - Chairman Speech

Company chairman speech

CHAIRMANS STATEMENT

To

Shareholders NMDC SARL

Dear Shareholders

The NMDC SARL (a Wholly Owned Subsidiary of NMDC) is a Company registered underMalagasy right having a registered capital of 1000000 MGA (One million Malagasy ariary).Its main activity is prospecting exploration and exploitation of high value mineraldeposits in Madagascar. The Company had suspended its operation from March 2002 due todisturbed political situation in the country and also due to poor exploration results.

In view of the above NMDC took a decision to wind up NMDC SARL. The process of windingup is on hand. There have been no transactions after March 2002.

On 1st January 2005 the Malagasy ariary (MGA) replaced the previous currency i.e.Malagasy franc (FMG) and one Malagasy franc was valued at 0.2 ariarys and accordingly theFMG monetary value are converted into MGA.

No transactions pertaining to the company have occurred during the financial year endedon 30th June 2013. Hence only the Balance Sheet has been reproduced without any changefrom the previous year’s figures.

Sd/-

Narendra K. Nanda

Director - Manager