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MOIL Limited — Capital/Financing Update 2020
Mar 1, 2020
61480_rns_2020-03-01_cdd59921-36b3-45bc-87da-a4847b43d6ab.pdf
Capital/Financing Update
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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: [email protected], Ph.: 0712- 2806182, Fax: 0712-2591661, CIN: L99999MH1962GOI012398
CS/NSE-BSE/2019-20/ Date 01.03.2020
| To, The GM (Listing), National Stock Exchange of India Ltd, Exchange Plaza, Plot No.C-1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai– 400053 |
To, Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 |
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Sub: Information relating to fixation of price of different grades of Manganese Ore for 4[th] Quarter 2019-20 (January-March’2020) effective from 01.03.2020
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 01.03.2020 as under.
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(1) The prices of all Chemical grades viz DB2320, DB3385, DB3494, DB4546 and DB4547 have been reduced by about 5% on the prices prevailing since 01.02.2020.
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(2) The price of Balaghat Fines (BGF534 – Mn 27%) has been reduced by about 10% on the price prevailing since 01.02.2020.
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(3) Prices of all other grades of Manganese ore i.e. Ferro grades, SMGR grades (Mn-30% & Mn-25%) and other grades of Fines remain unchanged.
This is for your kind information please.
Thanking you,
Yours faithfully,
For MOIL Limited
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N. D. Pandey (Company Secretary & Compliance Officer)