Gujarat Mineral Development Corporation Limited
All news and filings related to Gujarat Mineral Development Corporation Limited.
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GMDC Announces 63rd AGM on Sep 30, 2026 via VC/OAVM
GMDC will hold its 63rd AGM on September 30, 2026, via VC/OAVM. The announcement includes details on remote e-voting and the Record Date, with newspaper advertisements published on September 6, 2026.
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GMDC Announces 63rd AGM and Releases Annual Report for FY 2025-26
Gujarat Mineral Development Corporation Limited (GMDC) will hold its 63rd Annual General Meeting (AGM) on September 30, 2026. The company has released its Annual Report for FY 2025-26, which is available on its website and being sent to shareholders. The report includes financial highlights and statutory information.
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Gujarat Mineral Development Corp. reports probable data breach incident
Gujarat Mineral Development Corporation Limited is investigating a probable data breach incident potentially affecting its website. The company has engaged cybersecurity experts to assess the scope and impact, assuring that core operations remain unaffected.
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GMDCLTD Announces 63rd AGM on Sep 30, 2026; Dividend Payment by Oct 12
Gujarat Mineral Development Corporation Limited will hold its 63rd AGM on September 30, 2026, via VC/OAVM. The record date is September 23, 2026. Dividend payment is scheduled for on or after October 12, 2026, pending shareholder approval.
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GMDCLTD Announces 63rd AGM on Sep 30, 2026; Sets Record Date Sep 23
Gujarat Mineral Development Corporation Limited will hold its 63rd AGM on September 30, 2026. The record date for determining dividend eligibility and voting rights is September 23, 2026. Dividend payment is expected on or after October 12, 2026, pending shareholder approval.
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GMDCLTD Approves Q1FY27 Results & Signs MoUs with GNFC and IREL
GMDC's Board approved Q1FY27 unaudited financial results. Standalone net profit was ₹163.01 crore and consolidated net profit was ₹163.43 crore. The company also approved MoUs with GNFC for coal-to-chemicals value chain exploration and with IREL (India) Limited for Rare Earth Elements sector collaboration.
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GMDC issues reminder for unclaimed dividends, warns of IEPF transfer
GMDC is reminding shareholders to claim unclaimed dividends from FY 2018-19 onwards. Unclaimed dividends and shares will be transferred to the IEPF Authority by November 05, 2026. Shareholders must claim their dues and update bank details with the RTA by this date to avoid transfer.
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GMDCLTD: Certificate under SEBI (Depositories and Participants) Regulation, 2018
Gujarat Mineral Development Corporation Limited submitted a confirmation certificate for Q1 FY27 as per SEBI (Depositories and Participants) Regulation, 2018. The RTA confirmed processing of dematerialization requests for the quarter ended June 30, 2026.
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GMDCLTD Closes Trading Window from July 1, 2026, for Q1 FY27 Results
GMDCLTD will close its trading window from July 1, 2026. The window will reopen 48 hours after the declaration of unaudited financial results for the quarter ending June 30, 2026, as per SEBI regulations.
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GMDC partners with Cambridge University for India's first AI-powered Rare Earth Supply Chain Observatory
GMDC partners with the University of Cambridge to establish India's first AI-Powered Rare Earth Supply Chain Observatory. The two-year program involves an investment of £600,000 (approx. ₹6.3 crore). The observatory will track the REE value chain in real-time to support national strategic priorities.
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GMDCLTD Files Newspaper Advertisement for Audited Annual Financial Results
GMDC has published its audited annual financial results for the quarter and year ended March 31, 2026. The results were approved by the Board on May 14, 2026, and advertised on May 15, 2026, in The Economic Times, Mint, Financial Express, and Divya Bhaskar.
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GMDCLTD Recommends ₹9.50 Dividend for FY26; Approves Audited Results
GMDCLTD's Board approved audited financial results for FY25-26. A dividend of ₹9.50 per share (475%) was recommended, pending shareholder approval at the AGM. The Board Meeting concluded on May 14, 2026.
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GMDC Recommends ₹9.50 Dividend; Approves Audited FY26 Results
GMDC's Board approved audited FY26 results (standalone & consolidated). A dividend of ₹9.50 per share (475%) is recommended, pending shareholder approval at the AGM. Auditors provided an unmodified opinion on the results.
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GMDCLTD: Certificate Under SEBI (Depositories and Participants) Regulation, 2018
Gujarat Mineral Development Corporation Limited submitted a certificate under SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended March 31, 2026. The RTA confirmed processing of dematerialized securities and cancellation of physical certificates.
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SEBI issues Administrative Warning to GMDCLTD for disclosure deficiency
SEBI has issued an Administrative Warning to GMDCLTD for inadequate disclosure in a January 08, 2024 press release regarding Environmental Clearance for its Surkha (N) Lignite Mine expansion. The company was advised to improve future disclosure compliance. The warning has no material financial or operational impact.
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GMDCLTD Receives ESG Rating of 68/100, Categorized as 'Aspiring'
Gujarat Mineral Development Corporation Limited (GMDCLTD) has received an ESG rating of 68/100, categorized as 'Aspiring', from NSE Sustainability Ratings & Analytics Ltd. The rating was based on publicly available information without company participation. This intimation was received on April 6, 2026.
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GMDCLTD: Trading Window Closed from April 1, 2026, for FY26 Audited Results
GMDCLTD will close its trading window from April 1, 2026. The closure is in effect until 48 hours after the declaration of audited financial results for the fiscal year ending March 31, 2026. This is a routine regulatory filing regarding insider trading.
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GMDC signs MoU with NMDC to explore Rare Earth Elements collaboration
GMDC has signed an MoU with NMDC to explore collaboration in the Rare Earth Elements (REE) sector. The partnership will focus on developing an integrated rare earth value chain in Gujarat, including exploration, mining, processing, and downstream applications, leveraging GMDC's Ambadungar deposit. This initiative aims to enhance India's critical mineral capabilities.
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GMDC Secures Environmental Clearance for Lakhpat-Punrajpur Mine in Kutch
GMDC has obtained Environmental Clearance for its Lakhpat–Punrajpur Lignite and Limestone Mine in Kutch. The mine has an approved production capacity of 3.0 MTPA of lignite and 29.81 MTPA of limestone. This clearance strengthens GMDC's resource base and production visibility.
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GMDC, NTPC Sign MoU for Coal & Lignite Gasification Exploration
GMDC and NTPC have signed an MoU to explore coal and lignite gasification. The collaboration will focus on pilot projects for gasification, assessing end-use applications of syngas, and developing frameworks for joint production and commercialization. This initiative aims for greener utilization of mineral resources and supports energy security.
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GMDC signs MoU with NTPC to explore coal supply for power generation
GMDC and NTPC have signed an MoU to explore coal supply from GMDC's Odisha blocks for NTPC's power projects. The collaboration aims to enhance energy security and affordable power supply, particularly for Gujarat. Optimal coal evacuation from Baitarni West Coal Mine will be examined under a cost-plus pricing framework.
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GMDC & NTPC Sign MoU for Coal/Lignite Gasification Exploration
GMDC and NTPC have signed an MoU to explore coal and lignite gasification. The partnership will assess feasibility, pilot projects, and commercialization of syngas. This collaboration aims for greener energy solutions and optimal resource utilization.
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GMDCLTD Receives ESG Rating of "B" (70) from CFC Finlease
Gujarat Mineral Development Corporation Limited received an ESG rating of "70" (Grade "B", Category "Good") from CFC Finlease Private Limited. The rating was based on publicly available information and was not solicited by the company. The rating is now available on the company's website.
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GMDC Q3 FY26 Unaudited Results: Revenue ₹579.15 Cr, Profit ₹181.51 Cr
GMDC reported unaudited results for Q3 FY26. Total income from operations stood at ₹579.15 crore, with net profit after tax at ₹181.51 crore for the quarter. For the nine months ended December 31, 2025, net profit after tax was ₹633.94 crore. Basic EPS for the quarter was ₹4.25.
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GMDCLTD Q3FY26 Standalone Revenue at ₹579 Crore, Profit Before Tax ₹181 Crore
Gujarat Mineral Development Corporation Limited reported unaudited results for Q3 FY26. Standalone total income was ₹579.15 crore, with profit before tax at ₹181.51 crore. Consolidated total income was ₹579.15 crore, with profit before tax at ₹179.34 crore. The nine-month standalone profit before tax was ₹633.94 crore. An exceptional credit of ₹474.43 crore was recognized related to GST input credit.
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Gujarat Mineral Development Corp Appoints Sandeep Kumar, IAS as Director
GMDCLTD appointed Shri Sandeep Kumar, IAS, as a Non-Executive / Non-Independent Director, effective January 22, 2026. He replaces Ms. Arti Kanwar, IAS. Kumar is the Secretary (Economic Affairs) in the Finance Department, Government of Gujarat, with over 20 years of public administration experience. The appointment is subject to shareholder approval.
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GMDC partners with BARC for indigenous rare earths processing technology
GMDC has acquired an indigenous rare earth processing technology from BARC for its Ambadungar Rare Earth Project. The technology aims to produce Mixed Rare Earth Concentrate (MREC) from local ore. GMDC will pilot the technology with BARC's support, aiming to align with India's critical mineral strategy.
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GMDCLTD Files SEBI Regulation 74(5) Certificate for Q3 FY26
GMDCLTD submitted a certificate under SEBI Regulation 74(5) for the quarter ended December 31, 2025. The RTA confirmed dematerialization processing and cancellation of old certificates. This is a routine compliance filing.
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GMDC receives provisional ESG rating of 77.7 from CareEdge ESG Ratings Ltd.
GMDC received a provisional ESG rating of 77.7 (CareEdge-ESG 1) from CareEdge ESG Ratings Ltd., placing it in the 'Leadership' category for ESG risk management. This reflects strong governance, environmental stewardship, and social responsibility.
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GMDC Assigned Provisional ESG Rating of 77.7 by CareEdge ESG Ratings Ltd.
GMDC received a provisional ESG rating of 77.7 (CareEdge-ESG 1) from CareEdge ESG Ratings Ltd. This places GMDC in the "Leadership" category for ESG risk management. The rating reflects strong governance, environmental stewardship, and social responsibility. The assessment involved on-ground visits and management engagement.
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Prof. Shailesh Gandhi Ceases as Independent Director of GMDC
Prof. Shailesh Gandhi has completed his tenure as an Independent Director of Gujarat Mineral Development Corporation Limited on December 31, 2025. He is no longer a member of the Board of Directors after serving two consecutive terms.
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GMDCLTD: Trading Window Closed Jan 1, 2026, Until 48 Hrs Post Q3 FY26 Results
Gujarat Mineral Development Corporation Limited (GMDCLTD) will close its trading window from January 1, 2026. The window will reopen 48 hours after the declaration of unaudited financial results for the quarter ending December 31, 2025. No trading in company shares is permitted during this period.
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GMDCLTD: Non-Executive Director Ms. Arti Kanwar Resigns Due to Transfer
Ms. Arti Kanwar, IAS, Non-Executive Director of Gujarat Mineral Development Corporation Limited, has resigned from the Board of Directors. Her resignation, effective December 29, 2025, is due to a transfer order from the Government of Gujarat.
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GMDC Awards Baitarni-West Coal Mine Operations, Secures Key Clearances
GMDC has awarded operational responsibilities for its 15 MTPA Baitarni-West Coal mine to a mining partner. The company has also secured Stage-I Forest Clearance and Environmental Clearance from the MoEF&CC. This strategic move strengthens GMDC's diversification into the coal sector.
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GMDC announces significant rise in Net Profit for Q2 and H1 FY26 despite lower income
GMDC reported a significant increase in Q2 and H1 FY26 net profit after tax despite lower income, driven by exceptional items. The company is also expanding into new mining ventures for future growth.
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GMDC Reports Strong Q2FY26 Standalone PBT of ₹634 crore, Driven by Exceptional GST ITC Gain
GMDC's Q2FY26 standalone PBT hit ₹634 crore, boosted by a ₹474 crore exceptional GST Input Tax Credit write-back. Revenue and EBITDA declined, but bauxite sales showed growth.
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GMDCLTD Approves Unaudited Financial Results for Quarter Ended 30 Sep 2025
GMDCLTD approved unaudited financial results for the quarter ended September 30, 2025, including recognition of ₹ 474.43 crore input tax credit. The board meeting was held on November 14, 2025.
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CRISIL ESG Ratings & Analytics assigns 'Adequate' ESG Rating to GMDCLTD
Gujarat Mineral Development Corporation Limited (GMDCLTD) received an unsolicited "CRISIL ESG 54 - Adequate" rating from CRISIL ESG Ratings & Analytics Limited, based on publicly available information.
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GMDC Submits Compliance Certificate Under SEBI (Depositories and Participants) Regulations for Q2 FY26
GMDC submitted the Regulation 74(5) certificate from its RTA for the quarter ended September 30, 2025, confirming dematerialization compliance and proper record updates.
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Clarification on Disclosure Applicability under SEBI Takeover Regulations
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GMDCLTD: Proceedings of 62nd AGM held on 25th September, 2025
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Gujarat Mineral Development Corporation Ltd Sets Record Date for FY 2024-25 Dividend
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GMDCLTD Announces 62nd AGM and FY25 Annual Report
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Gujarat Mineral Development Corporation Announces Book Closure for AGM and Dividend for FY 2024-25
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CARE Ratings reaffirms GMDCLTD's bank facilities ratings
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GMDC Announces Steady Q1FY26 Performance Driven by Operational Growth
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GMDCLTD Board Approves Appointment of Secretarial Auditors
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