NMDC to list steel biz; last day to buy stock to qualify for demerged shares

The eligible investors will get one share of NDMC Steel of the face value of Rs 10 each, for every share of NDMC of the face value of Re 1 each. Any investor, buying shares after Tuesday, October 25, will not be eligible for the shares of NDMC Steel and would need to buy them from the open market. Stock markets will observe a holiday on Wednesday.

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