NMDC Limited — Important, 12-08-2025: General Updates

NMDC's Board has approved the incorporation of a Wholly-Owned Subsidiary (WOS). This new entity will be established in the International Financial Service Centre (IFSC) at GIFT City, Gandhinagar. This strategic move is contingent on receiving necessary approvals from the Ministry of Steel and DIPAM. It marks a significant business development, potentially expanding NMDC's operational scope through an IFSC presence.