NMDC Limited — Important, 14-12-2024: Updates

Clarification was provided regarding the delayed submission of the proceedings from the Extraordinary General Meeting (EGM) held on 12th December 2024. The company acknowledged an inadvertent delay due to short business hours, submitting the proceedings within 24 hours instead of the stipulated 12 hours. The EGM saw participation from 57 members, including one promoter and 56 public shareholders. Important resolutions discussed included the appointment of new directors and the approval for increasing the authorized share capital, alongside a proposed issue of bonus shares to shareholders. The chairman highlighted the company's financial performance for the first half of FY 2024-25 and its commitment to long-term stakeholder value. The voting results from the EGM will be published on the company's website and communicated to the stock exchanges. This underscores NMDC's ongoing focus on governance and shareholder engagement. Positive outlook suggested for the company as it continues to enhance shareholder value through strategic decisions.