NMDC Limited — Dividend/Bonus, 17-12-2024: Record Date

NMDC has announced a board meeting to fix the record date for issuing bonus equity shares. The company will issue 586,12,11,700 equity shares at ₹1 each, in a ratio of 2 new shares for every 1 existing share held. The record date is set for 27th December 2024, with the deemed date of allotment on 30th December 2024. The bonus shares will be available for trading from 31st December 2024. This initiative aims to enhance shareholder value and increase liquidity in the market.