MOIL updates on manganese ore JV with MP State Mining Corp

Marquee Jv AnnouncedStrategic Transactions View source PDF Explain this filing

MOIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹233.80

prior close

₹234.00

announcement price

After-mkt

timing

Nifty Microcap 250market-1.7%+0.2% vs market

Industrial Minerals peers, median of 13sector-2.5%+1.0% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 1.0 pts more than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-0.8

15m

-1.0

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-1.7+0.2-2.5+1.0

Next day

-3.9-4.2+0.3-5.6+1.7

-5.6-5.2-0.4-7.1+1.4

-7.5-7.4-0.1-8.5+1.0

-7.0-7.0+0.1-6.0-0.9

-6.7-5.5-1.3-4.8-1.9

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15d

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UpDownMarket · Nifty Microcap 250Sector · Industrial Minerals peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

MOIL Limited has shared consolidated details of its Joint Venture Company, MOIL MPSMCL Mining Limited, with MP State Mining Corporation Limited (MPSMCL). MOIL holds 51 percent and MPSMCL holds 49 percent. The JVC issued 1,02,000 equity shares at INR 10 each on 1 August 2026, totalling about INR 10.2 lakh. The JV will mine manganese ore and is already approved by DIPAM and the Ministry of Steel. It is a related party transaction since the MP State Government is a promoter of both MOIL and MPSMCL.

Likely market impact

Procedural update on an already-formed JV. Minor capital deployed, no fresh fund raise. Reinforces MOIL's core manganese ore business.