Filter announcements
Loading...
Gujarat Mineral Development Corporation is primarily engaged in 2 sectors i.e. mining and power.Its projects include Lignite, Bauxite, Fluorspar, Multi-Metal, Manganese, Power, Wind and Solar.
GMDC received a probable data breach intimation for its website and is investigating with experts. The company assures that core operations and systems remain fully functional and unaffected by the incident.
GMDC's 63rd virtual AGM is set to approve dividends and resolutions. A cut-off date will define shareholder eligibility, with dividend payment anticipated post-approval.
GMDC urges shareholders with 7 years of unclaimed dividends to promptly claim them. Shares linked to uncollected dividends will be transferred to a government fund if not claimed by the deadline. Investors should update bank details to avoid this.
GMDC partners with University of Cambridge to launch India's first AI-powered Rare Earth Supply Chain Observatory. This £600,000 investment bolsters critical mineral intelligence, tracking the REE value chain in real-time, aligning with India's strategic resilience goals.
Gujarat Mineral Development Corporation received an administrative warning from SEBI for a past disclosure regarding environmental clearance for its Surkha (N) Lignite Mine expansion, citing factual discrepancies. No monetary penalty was imposed, and there is no material financial or operational impact.