MOIL Limited — Capital/Financing Update 2020

Dec 31, 2020

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MOIL LIMITED

(A Government of India Enterprise) Regd. Off.: MOIL Bhawan, 1A Katol Road, NAGPUR – 440 013

Website: www.moil.nic.in, E-Mail ID: co mpliance@moil.nic.in, Ph.: 0712- 2806182, Fax: 0712-2591661, CIN: L99999MH1962GOI012398 CS/NSE-BSE/2020-21/

Date: 31.12.2020

To, To, The GM (Listing), Listing Department National Stock Exchange of India Ltd, Bombay Stock Exchange Limited Exchange Plaza, Plot No.C-1, G Block, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (East), Dalal Street Mumbai – 400053 Mumbai- 400001

Sub:- Information relating to fixation of price of different grades of Manganese Ore for 4[th] Quarter 2020-21(January-March’2021) effective from 01.01.2021

Stock Code: NSE – MOIL BSE - 533286

Dear Sir/Madam,

In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is to inform that in line with the business practice of fixing/revising prices of Manganese Ore and other products, the Company has fixed/revised prices of different grades of Manganese Ore and other products, effective from 01.01.2021 as under.

1. The prices of all Ferro grades of manganese ore having Manganese Mn-37% and above have been increased by 10 % and all the other Ferro grades of Manganese Ore having Manganese below Mn-37% have been increased by 15 % on the prices prevailing since 01.12.2020.

2. The prices of all SMGR grades (Mn-30% & Mn-25%) and all grades of Fines have been increased by 15% on the prices prevailing since 01.12.2020.

3. The prices of all grades of chemical grades of manganese ore have been increased by 10% on the prices prevailing since 01.12.2020.

4. The basic price of Electrolytic Manganese Di-oxide (EMD) has been continued as prevailing since 01.10.2020.

5. Ferro Manganese/Ferro Manganese Slag and some identified grades of Manganese Ore will continue to be sold by e-auction as well as through Metal Mandi (M3) of MSTC, in line with the existing policy.

This is for your kind information.

Thanking you,

Yours faithfully,

For MOIL Limited

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N.D. Pandey (Company Secretary& Compliance Officer)