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NMDC Ltd board to consider fund raising on Oct 11, 2019

Posted On: 2019-10-07 21:08:45

A Meeting of the Board of Directors of NMDC Ltd is scheduled on Friday the 11th October, 2019, to consider the proposal for fund raising in one or more tranches Secured or Unsecured Non-convertible Debentures/Bonds on private placement basis on such terms and conditions and at such times at par or at such premium, as may be decided by the Board and, to such person or persons as the Board may decide subject to such approvals as may be required including the approval of notice to shareholders by way of Postal Ballot under Section 110 of the Companies Act, 2013 in this regard and to approve ancillary actions for the aforementioned fund raising.

Shares of NMDC LTD. was last trading in BSE at Rs.91.55 as compared to the previous close of Rs. 95.5. The total number of shares traded during the day was 721728 in over 1851 trades.

The stock hit an intraday high of Rs. 96 and intraday low of 91.2. The net turnover during the day was Rs. 67549252.


Source: Equity Bulls

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