NMDC Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
NMDC · price
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NMDC Limited has filed a disclosure confirming that the President of India (Promoter) holds 534,49,00,713 shares representing 60.79% of the company as on 31st March 2026. The filing explicitly states that the Promoter has not made any encumbrance (pledging) of shares, directly or indirectly, during the financial year ended 31st March 2026. This is a routine regulatory compliance filing submitted by the Ministry of Steel, Government of India, to the stock exchanges (BSE and NSE).
This is a positive disclosure for retail investors as it confirms the government promoter has not pledged its shares, indicating stable promoter holding. The 60.79% stake held by the President of India provides comfort about governance and reduces risk of sudden selling pressure from a pledged promoter stake.