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News Details

NMDC Ltd. - Filing Of Report Under Regulation 7(2) (B) Of The Securities Exchange And Board Of India (Prohibition Of Insider

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23/07/2021 12:48
This is to inform you that in accordance with the approval given by Alternative Mechanism on July 5, 2021, the President of India, acting through and represented by the Ministry of Steel, Government of India ('Seller') proposed to sell up to 89,08,907 equity shares of the Company having face value of Rs. 1 each and sold 1,47,942 equity shares of the Company having face value of ?1 each to the eligible employees of the Company at a price of Rs. 165.50 per equity share on July 20, 2021.

In compliance with Regulation 7(2)(b) of the SEBI Insider Trading Regulations, please see attached the information received from the Seller under Regulation 7(2)(a) of the SEBI Insider Trading Regulations, in the format prescribed in Form C of the circular bearing number SEBI/HO/ISD/ISD/CIR/P/2021/19 dated February 9, 2021, issued by the Securities and Exchange Board of India. The above is being sent within two trading days of receipt of the disclosure or from becoming aware of such information.