NMDC : President of India, acting through and represented by the Ministry of Steel, Government of India has submitted to the Exchange, an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 4,74,58,357 equity shares of the Company (NMDC Limited ) by President of India, acting through and represented by the Ministry of Steel, Government of India (Seller).
Date and time of the opening of the offer for Non-Retail Investors: January 09. 2018 at 9:15 a.m
Date and time of the closing of the offer for Non-Retail Investors: January 09, 2018 at 3:30 p.m.;
Date and time of the opening of the offer for Retail Investors: January 10, 2018 at 9:15 a.m
Date and time of the closing of the offer for Retail Investors: January 10, 2018 at 3:30 p.m
Floor Price for the offer shall be INR 153.50 per equity share.
The retail investors will be allocated offer shares at a discount of 5 % to the cut-off price. More details of the said offer are available on the following links:-
If you wish to participate in this offer, you may contact a SEBI registered stock broker.
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Please note NMDC share is Re. 1 /- Paid Up.
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