NMDC Limited — Important, 30-12-2024: Updates

The Bonus Issue Committee of NMDC Limited has allotted 586,12,11,700 fully paid-up Bonus Equity Shares in a 2:1 ratio, granting shareholders two new shares for every existing share as of December 27, 2024. This brings the company’s total issued and paid-up equity share capital to ₹ 8,79,18,17,550. The new shares will carry the same rights as the existing shares, including dividends and corporate benefits. This bonus issuance is a significant capital restructuring event that enhances shareholder value and suggests a positive outlook for the company, indicating confidence in future growth. Shareholders may see increased liquidity as a result of the increased share capital, creating potential opportunities in the market.