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NMDC STEEL DEMERGER
Vedanta demerger: What recent large demergers of Tata Motors, ITC and others tell us about possible listing timeline?Vedanta's mega demerger has created four new entities, with investors eagerly awaiting their stock market listings. Drawing parallels from ...- Vedanta demerger: Do you have the unlisted shares in your demat account? Here’s all you need to knowVedanta's recent demerger has resulted in four new unlisted companies added to shareholders' demat accounts. These entities are expected to...
- Vedanta demerger: When will the four new stocks list on NSE, BSE? Here's what investors can expectVedanta’s demerger has left investors awaiting the listing of its four newly carved-out entities, even as the parent stock continues to ris...
- Vedanta demerger: When will the four new stocks list on BSE, NSE? Here’s what recent demergers indicateMining giant Vedanta is set to demerge four businesses into separate listed entities, with May 1 as the record date. Shareholders will rece...
- Demerger of NMDC Steel: How should investors approach the stock?Key downside risks to the company include disruption due to instability in the Chhattisgarh region and regulatory uncertainty in terms of p...
- NMDC Steel hits 5% upper circuit for second straight day after listingNMDC Steel is a newly formed entity post its demerger from mining giant NMDC. The government last month had received in-principle approval ...
- Govt invites bids for privatisation of NMDC's Nagarnar Steel PlantNISP is in the process of being demerged from NMDC into a separate company NMDC Steel Ltd (NSL). Subsequent to demerger, shares of NSL will...
- NMDC falls on profit booking. Should you buy the stock?The Street is very optimistic about the resulting entity. NMDC Steel would be valued at about Rs 35-40 per share for a greenfield plant cap...
- NMDC to separately list steel biz; last day to buy stock to qualify for demerged sharesThe company fixed October 28 as the record date for the same. Any investor having the delivery of shares in their demat account as of the g...
- NMDC fixes record date for NMDC-NMDC Steel demergerThe Board of Directors of the Company, at their meeting held on 13.10.2022, fixed the record date as Friday, the 28th day of October 2022, ...
- Government likely to invite preliminary bids for sale of NMDC's steel plant by March 2023NMDC's under-construction steel plant located in Chhattisgarh is likely to begin operations this month. Once the demerger process is comple...
- NMDC climbs 6% as MCA approval likely for Nagarnar steel plant demergerDIPAM aims to sell its stake in Nagarnar steel plant post demerger. Cabinet has already approved the demerger of Nagarnar steel plant and s...
- NMDC shareholders, creditors approve Nagarnar Steel Plant demerger: CMDThe demerger of NSP from NMDC is progressing, Deb who was in the national capital, told PTI. "We have got (the company's) shareholders and ...
- NMDC shareholders, creditors to discuss Nagarnar Steel Plant demerger on TuesdayNMDC is setting up a 3 million tonne per annum (mtpa) steel plant at Nagarnar, near Bastar in Chhattisgarh. The unit is being constructed o...
- NMDC shareholders, creditors to discuss Nagarnar Steel Plant demerger on TuesdayThe Centre is aiming to complete the demerger of NSP from MMDC within the next four to five months, according to an official document. NMDC...
- NMDC workers hold protest against Nagarnar Steel Plant demerger, govt stake saleRajesh Sandhu, Secretary of NMDC Sanyukt Khadaan Mazdoor Sangh, which represents workers at the NMDC operated mines, said over 200 employee...
- Steel plant demerger to help NMDC unlock value of assetThis will also improve mining co’s balance sheet and return ratios, which could help in re-rating of the stock; dividend payout may go up a...
- NMDC board approves de-merger of NMDC SteelIn a BSE filing, NMDC said NMDC Steel is its wholly-owned subsidiary, which currently does not have any business operations.
- Govt approves demerger of Nagarnar steel plant from NMDCState-owned NMDC, under the Ministry of Steel, is constructing the steel plant at Nagarnar in Chhattisgarh.
- NMDC's Board approves demerger of iron and steel plant in ChhattisgarhNMDC’s Nagarnar steel plant was under-construction at a cost of over Rs 20,000 crore, being completely funded by NMDC. The company had been...
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