NMDC Steel shares locked in 5% upper circuit at listing

February 20, 2023

In October 2020, the CCEA gave its ‘in-principle’ approval to the demerger of the Nagarnar steel manufacturing unit from NMDC and strategic disinvestment of the resulting entity by selling the entire stake of the central government. Last year, NMDC had approved the demerger of NMDC and NMDC Steel.

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