MOIL Limited — Capital/Financing Update 2022

Sep 1, 2022

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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: compliance@moil.nci.in, Ph.: 0712- 2806182, Fax: 0712-2591661, CIN: L99999MH1962GOI012398

CS/NSE-BSE/2022-23/ Date 1.09.2022

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

Stock Code: NSE – MOIL

BSE - 533286

Sub: Information relating to fixation of price of different grades of Manganese Ore for 2nd Quarter 2022-23 (Jul-Sept ’2022) effective from 01.9.2022.

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 01.09.2022 as under.

1. The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been decreased by 15 % on the prevailing prices since 01.08.2022 w.e.f. midnight of 31.08.2022/01.09.2022.

2. The prices of all other Ferro grades of manganese ore with Manganese content below Mn-44%, SMGR(Mn-30% & Mn-25%), Fines and Chemical grades have been decreased by 10 % on the prices prevailing since 01.08.2022 w.e.f. midnight of 31.08.2022/01.09.2022.

3. The basic price of EMD have been increased from Rs.1,55,000 PMT to Rs.1,65,000 PMT w.e.f. midnight of 31.08.2022/01.09.2022.

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)