NSEGeneral Updates2d ago · 2 Sept 2026, 11:40 pm
General Updates
NMDC Limited · NMDC
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NMDC Limited has informed the Exchange about the incorporation of a wholly owned Subsidiary, NMDC Global IFSC Limited, in International Financial Services Centre (IFSC), GIFT City, Gujarat.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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NMDC Limited has informed the Exchange about General Updates
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NMDC_02092026234012_NMDCGiftsubsidiary02092026.pdf
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No. SEA202627039 2nd September 2026
BSE Limited National Stock Exchange of India The Calcutta Stock
Phiroze Jeejeebhoy Limited Exchange Limited
Towers, Dalal Street, Exchange Plaza, C- 1, Block G, 7, Lyons Range, Murgighata,
Bandra-Kurla Complex, Bandra Dalhousie,
Mumbai - 400001
(East), Mumbai - 400051 Kolkata - 700001
Scrip Code - 526371
Scrip Code - NMDC Scrip Code - 24131
Dear Sir / Madam,
Sub: Incorporation of a wholly owned Subsidiary of NMDC Limited in International
Financial Services Centre (IFSC), GIFT City, Gujarat.
Ref.: Regulation 30 of SEBI (LODR) Regulations, 2015
This is with reference to our earlier announcement dated 13th March 2026 wherein it was
informed that the Administrative Ministry i.e., Ministry of Steel, has conveyed the
concurrence of Department of Investment and Public Asset Management (DIPAM),
Ministry of Finance for incorporation of a Wholly Owned Subsidiary (WOS) in GIFT
City, Gandhinagar, Gujarat.
Further, it is now informed that NMDC Global IFSC Limited (CIN:
U66190GJ2026GOI183169), has been incorporated as a wholly owned Subsidiary of
NMDC Limited in International Financial Services Centre (IFSC), GIFT City, Gujarat
on 2nd September 2026.
You are requested to take the same on record.
Yours faithfully,
For NMDC Limited
Aniket Kulshreshtha
Company Secretary & Compliance Officer