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MOIL Limited — Capital/Financing Update 2023
Mar 2, 2023
61480_rns_2023-03-02_9dab4590-e4f5-423d-83b6-d77734de1bf6.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/2022-23/
Date 02.03.2023
To, To, The GM (Listing), Listing Department National Stock Exchange of India Ltd, BSE Limited Exchange Plaza, Plot No.C-1, G Block, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (East), Dalal Street Mumbai – 400053 Mumbai- 400001
Sub: Press Release
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, we are enclosing herewith a copy of the press release titled “MOIL records 10% jump in production in Feburary’23 ” issued to the press.
This is for your kind information please.
Thanking you,
Yours faithfully,
For MOIL Limited
NEERAJ Digitally signed by NEERAJ DUTT PANDEY DN: c=IN, postalCode=440030, st=MAHARASHTRA, l=NAGPUR, o=Personal, serialNumber=8fb6facb083b630969bd66d156 6814315b76a18b3d630955a816d5d37371a6b DUTT 0, pseudonym=186520210922140147111, 2.5.4.20=82f2c2053474bfbab48cb5961d119d9 08e945b73052176fbfec2bd38b291d1eb, email=[email protected], PANDEY cn=NEERAJ DUTT PANDEY, title=1865 Date: 2023.03.02 18:34:40 +05'30' N. D. Pandey
(Company Secretary & Compliance Officer
PRESS RELEASE
MOIL records 10% jump in production in Feburary’23
With a production of 1.31 lakh tonnes of Manganese (Mn) Ore in February, 2023, MOIL has registered 10% growth over the same period last year.
Sales at 1.32 lakh tonnes of manganese ore during February, 2023 was higher by 19% vis-à-vis February, 2022.
Shri Ajit Kumar Saxena, CMD MOIL, congratulated MOIL collective on maintaining upward trend in production and mentioned that it is fully geared up for much higher production level in coming months.
About MOIL: MOIL Limited is a Schedule-A, Mini-ratna Category-I CPSE under the administrative control of Ministry of Steel, Government of India. MOIL is the largest producer of manganese ore in the country, contributing ~45% of the domestic production. It operates eleven mines in the state of Maharashtra and Madhya Pradesh. The company has ambitious vision of more than doubling its production to 3.00 million tonnes by 2030. MOIL is also exploring business opportunities in the State of Gujarat, Rajasthan, Chhatisgarh and Odisha, besides other areas in the State of Madhya Pradesh.