Gujarat Mineral Development Corporation Ltd

We would like to inform you that the Company has received Guidelines on Dividend Distribution and Capital Restructuring of State Public Sector Undertakings (SPSUs) issued by Finance Department Government of Gujarat vide GR No. FD/OTH/e-file/2023/1504/A-BPE dated 24th April 2023.Accordingly the Company would work out as per the said guidelines and will submit necessary information to the Board of Directors. We will submit necessary updates to Stock Exchange in due course of time.We request you to kindly take note of the above.