The National Mineral Development Corporation (NMDC) Limited has set August 31 as the record date for the payment of final dividend for the financial year 2022-23 (FY23)
In a regulatory filing today, country’s largest iron ore producer and said the 65th Annual General Meeting (AGM) of the Company will be held on Thursday, the 7th September 2023 at 11:30 (A.M.) hours IST through video conferencing (“VC”) / Other Audio Visual Means (OAVM”). The Notice of 65th AGM along with the Annual Report 2022-23 has been sent on 10th August, 2023 through electronic mode to all the Members who have registered their email addresses with the Company/Depositories/RTA.
“In terms of Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer Books of the Company will remain closed from 1st September, 2023 to 7th September, 2023 (both days inclusive) for the purpose of ensuing 65th Annual General Meeting (AGM) of the Company and for payment of Final dividend for FY 2022-23 @ Rs. 2.85 per share. Further, the Record date for payment of Final dividend 2022-23 shall be 31st August, 2023 and the said dividend will be paid within 30 days from the date of the AGM the company said.
Further. Members of the Company holding shares either in physical form or in dematerialized form, as on the Cut-off date ie., 31st August 2023, shall be provided with the facility to exercise their right to vote by electronic means (e-voting) on all the resolutions set forth in the Notice of 65th AGM. The remote e- voting period begins on 4th September 2023 (09.00 AM) and ends on 6th September, 2023 (05.00 PMI Voting rights of members shall be in proportion to their shares in the paid-up equity share capital of the Company as on the cut-off date.
