MOIL Limited — Capital/Financing Update 2023

May 1, 2023

==> picture [48 x 40] intentionally omitted <==

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/2023-24/ Date: 01.05.2023

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 and Electrolytic Manganese Dioxide for 1[st ] Quarter 2023-24 (April-June’2023) effective from 01.05.2023.

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 01.05.2023 as under.

1. The prices of all grades of manganese ore i.e. Ferro grade, SMGR (Mn-30% & Mn-25%), Fines except DBF487 and Chemical grades have been decreased by 5% on the prevailing prices since 01.04.2023 w.e.f. midnight of 30.04.2023/01.05.2023.

2. The basic price of DBF487 is reduced by 15% on the prevailing price since 01.04.2023 since 01.04.2023 w.e.f. midnight of 30.04.2023/01.05.2023.

3. The basic price of EMD have been increased for the month of May, 23 from Rs.2,05,000 PMT to Rs.2,14,000 PMT w.e.f. midnight of 30.04.2023/01.05.2023.

This is for your kind information.

Thanking you,

Yours faithfully, For MOIL Limited

Digitally signed by NEERAJ DUTT PANDEY NEERAJ DN: c=IN, postalCode=440030, st=MAHARASHTRA, l=NAGPUR, o=Personal, serialNumber=8fb6facb083b630969bd66d1566 814315b76a18b3d630955a816d5d37371a6b0, DUTT pseudonym=186520210922140147111, 2.5.4.20=82f2c2053474bfbab48cb5961d119d90 8e945b73052176fbfec2bd38b291d1eb, email=NEERAJDP_ACS@REDIFFMAIL.COM, PANDEY cn=NEERAJ DUTT PANDEY, title=1865 Date: 2023.05.01 23:02:21 +05'30'

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