NMDC Limited - BuyBack

NMDC Limited (the “Company”), has announced cash offer for buyback of not exceeding 10,20,40,815 (Ten Crore Twenty Lakh Forty Thousand Eight Hundred Fifteen) fully paid-up equity shares of face value Re. 1/- each, representing 3.23% of  the total number of equity shares in the issued, subscribed and paid-up equity share capital of the Company, from all the existing shareholders/ beneficial owners of equity shares of the Company as on the record date i.e. Friday, January 18, 2019 on proportionate basis, through the “Tender Offer” process at a price of Rs. 98 (Rupees Ninety Eight Only) per equity share for an aggregate consideration not exceeding Rs 1,000 crore (Rupees One Thousand Crore) from February 13, 2019 to February 27, 2019.

 

Every day Cut-off: 4.00 pm
Last day Cut-off: 11.30 am

Issue Details

NMDC Limited - Buyback
 Scripname NMDC LTD
 Security Type  Equity
 Symbol NMDC
 Issue Type  Buyback - Tender Offer
 Issue Period

13 Feb 2019 to 27 Feb 2019
 Tick Price  0.05
 Market Lot  1
 Book Size - No. of Shares 10,20,40,815
 Minimum Offer Quantity  1
 Maximum Offer Quantity 10,20,40,815
 Face Value  1
 Floor Price/Offer Price 98
 Name of Acquirer(s)/Company NMDC Limited

How to Bid for buyback

Bid for share buyback effortlessly with our trading platforms.

  • mPowered: Buyback instantly by logging into your account from our mPowered trading platform. Go to Equity > Buy Back > Dash Board.
  • Call ‘N’ Trade: Place your share for buyback order through centralized dealing desk at 33553366 (prefix local code).
  • Dedicated Dealer: Place your share for buyback order through our dealers at the nearest branch

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