NMDC Limited — Dividend/Bonus, 11-11-2024: Bonus

The Board has approved a bonus issue of equity shares in a 2:1 ratio, meaning shareholders will receive two fully paid bonus shares for every existing share held, pending shareholder approval. The record date for this bonus issue will be set after the necessary approvals. Additionally, the authorized share capital will increase from ₹400 crore to ₹1000 crore. The current financial results show a net profit of ₹1,268.96 crore for the quarter ended 30th September 2024, reflecting strong performance amid operational growth.