Annual Report 2025-26 of NMDC Limited and Notice of 68th AGM and related information.

No. SEA202627040 6th September 2026 BSE Limited National Stock Exchange of Calcutta Stock Exchange Phiroze Jeejeebhoy India Limited Limited Towers, Exchange Plaza, C- 1,Block G, 7, Lyons Range, Dalal Street, Bandra-Kurla Complex, Murgighata, Dalhousie, Mumbai – 400001 Bandra (East), Mumbai – Kolkata, West Bengal – Scrip ID: 526371 400051 700001 Scrip ID: NMDC Scrip ID : 24131 Dear Sir / Madam, Sub: Annual Report 2025-26 and Notice of 68th AGM and related information. Ref: Regulation 34(1) of SEBI (LODR) Regulations, 2015. This is with reference to our earlier intimation dated 24th August 2026, communicating the date of 68th Annual General Meeting (AGM) of the members of the Company scheduled to be held on Monday the 28th September 2026 at 11:30 A.M. (IST) through video conferencing (VC) / other audio-visual means (OAVM), without physical presence of members at a common venue. In compliance with the provisions of the Companies Act, 2013 read with circulars issued by Ministry of Corporate Affairs and SEBI, from time to time, the Notice of 68th AGM along with the Annual Report 2025-26 is being sent through electronic mode to all the Members who have registered their email addresses with the Company / Depositories / RTA. Further, Members of the Company holding shares either in physical form or in dematerialized form, as on the Cut-off date i.e., Monday, 21st September, 2026, shall be provided with the facility to exercise their right to vote by electronic means (e- voting) on all the resolutions set forth in the Notice of 68th AGM. The remote e-voting period begins on Thursday, 24th September 2026 (09.00 AM IST) and ends on Sunday, 27th September 2026 (05.00 PM IST). Voting rights of members shall be in proportion to their shares in the paid-up equity share capital of the Company as on the cut-off date. The Annual Report of the Company for the financial year 2025-26 inter-alia containing the Notice of 68th AGM, financial statements for the financial year 2025-26, Auditors' दूरभाष /Phones: 040-235387 13-21 (9 Lines), 23538723, 23538767 फैक्स /Fax: +91-40-23538711 ई-मेल E-mail: hois@nmdc.co.in वेबसाइट Website: www.nmdc.co.in Report thereon, Board's Report and other documents including Business Responsibility & Sustainability Report etc., are enclosed herewith and hosted on the Company's website at the link: NMDC_Annual Report_2025-26 The details on casting vote electronically and attending the AGM through VC/OAVM have been set out in the Notes to Notice of 68th AGM. You are requested to please take note of the same. This is for your information and records. Thanking you Yours faithfully For NMDC Limited Aniket Kulshreshtha Company Secretary & Compliance Officer Encl.: as above. दूरभाष /Phones: 040-235387 13-21 (9 Lines), 23538723, 23538767 फैक्स /Fax: +91-40-23538711 ई-मेल E-mail: hois@nmdc.co.in वेबसाइट Website: www.nmdc.co.in PPPOOOWWWEEERRRIIINNNGGG TTTHHHEEE NNNAAATTTIIIOOONNN SSSUUUSSSTTTAAAIIINNNIIINNNGGG TTTHHHEEE FFFUUUTTTUUURRREEE 53 MnT 68 Annual Report 2025–26 NMDC Limited Shri H.D. Kumaraswamy, Hon’ble Union Minister of Heavy Industries and Steel reviewed NMDC’s performance after inaugurating the NMDC’s new Office at Dubai. Shri Sandeep Poundrik, IAS, Secretary, Ministry of Steel reviewing NMDC’s performance and interacting with Senior Executives of the Company. Fostering Global Partnerships : NMDC hosted delegates from Southern African Development Community (SADC) for exploring mining opportunities in Southern African Region. NMDC entered into an MoU with GMDC for development of rare earth deposits in Gujarat along with exploring opportunities in technology and R&D. ni.oc.cdmn.www 4 NMDC LIMITED Start Context Strategy Model Capitals Integrated Annual Report 2025-26 (Pg. 4-19) (Pg. 20-39) (Pg. 40-47) (Pg. 48-61) (Pg. 62-97) POWERING THE NATION. SUSTAINING THE FUTURE. Scan the QR code to view the report Visit out Website online www.nmdc.co.in ESG Risk Reports Financials Notice Index 5 (Pg. 98-103) (Pg. 104-109) (Pg. 110-291) (Pg. 292-526) (Pg. 527-547) (Pg. 548-549) India’s growth story is being built in steel, infrastructure, energy transition assets and industrial capacity. At the heart of that story is iron ore: a mineral that does not merely feed furnaces, but enables roads, railways, ports, cities, manufacturing and national resilience. In FY 2025-26, NMDC crossed a defining threshold, producing 53 million tonnes of iron ore and reinforcing its role as India’s largest iron ore producer. This achievement reflects more than scale. It reflects the strength of an integrated mining system: ore body knowledge, safe operations, processing capability, evacuation infrastructure, customer responsiveness and disciplined execution working together. “Powering the Nation. Sustaining the Future.” captures this dual responsibility. NMDC is powering the nation by securing the raw material base for India’s steel-led development. It is sustaining the future by expanding with responsibility: investing in technology, improving operational efficiency, strengthening logistics, deepening environmental stewardship and preparing for a lower- impact, more resilient mining model. As NMDC advances towards its long-term capacity ambition, the measure of progress will be broader than volume alone. It will be the Company’s ability to deliver reliable supply, disciplined growth, safer operations and responsible value creation. That is the promise of this year’s theme: building the materials of national progress while protecting the foundations of tomorrow. ni.oc.cdmn.www 6 NMDC LIMITED Start Context Strategy Model Capitals Integrated Annual Report 2025-26 (Pg. 4-19) (Pg. 20-39) (Pg. 40-47) (Pg. 48-61) (Pg. 62-97) START CHAIRMAN MESSAGE MESSAGE FROM THE CHAIRMAN-CUM- MANAGING DIRECTOR FROM MILESTONE TO MOMENTUM Record performance in FY 2025-26 strengthened NMDC’s platform for responsible national growth and the journey towards 100 MTPA. Amitava Mukherjee Chairman & Managing Director ESG Risk Reports Financials Notice Index 7 (Pg. 98-103) (Pg. 104-109) (Pg. 110-291) (Pg. 292-526) (Pg. 527-547) (Pg. 548-549) 53.16 50.24 MT MT Iron ore production Iron ore sales Dear Stakeholders, It gives me immense pleasure to present the Annual Report of NMDC Limited for FY 2025-26, a year marked by strong performance, significant milestones and continued progress towards our long-term vision. The year 2026 has marked an important chapter in our national journey. Despite global economic and geopolitical uncertainties, India’s progress remains steady and decisive. Our real GDP growth of 7.7% in FY26 reflects the strength of our economy and investment momentum. India is also asserting leadership in technology, innovation and global partnerships. For NMDC, this has been a year replete with ‘Eureka’ moments where we discovered and rediscovered our true calling and embarked on a journey of profound transformation to harness our real potential. In FY26, we became the first mining company in India to produce more than 50 million tonnes of iron ore in a single year, achieving record production of 53.16 million tonnes and sales of 50.24 million tonnes, scripting history on stone. The numbers reflect an increase of 20.62% in production and 13.15% in sales year on year, which have been achieved organically, by optimizing and exceeding the capacities and capabilities of the existing production and sales equipments and infrastructure. NMDC has proved its resilience with such a quantum jump in production in a single year which is unprecedented and unparalleled in the industry. Through this commendable performance, NMDC has genuinely contributed to the strengthening of the foundation for India’s infrastructure and industrial growth. This operational excellence was naturally reflected in the financial performance of the Company which registered new echelons in turnover and other financial parameters.. Revenue from operations increased by 33.31% to `31,554 crore, Profit After Tax rose by 10.88% to [Showing first 8,000 characters — download PDF for full document]