526371

NMDC Limited's Annual Secretarial Compliance Report for FY2026 highlights multiple non-compliances with SEBI (LODR) Regulations, 2015. The company failed to maintain the stipulated composition of its Board of Directors (lacking independent directors, including an independent woman director) and key committees (Audit, Nomination & Remuneration, Stakeholders Relationship, and Risk Management Committees). Fines were imposed by stock exchanges for these violations, and the gap between Risk Management Committee meetings exceeded the allowed period.

NMDC Limited's Board approved Audited Standalone and Consolidated Financial Results for Q4 and FY ended March 31, 2026. A final dividend of ₹1.00 per share was recommended, bringing the total FY26 dividend to ₹3.50 per share. Significant contingent liabilities, including a potential ₹15,481.72 crore retrospective tax levy, and substantial recoverability issues from NMDC Steel Limited and Rashtriya Ispat Nigam Limited were highlighted in the auditor's report. The consolidated financial performance metrics (Revenue, EBITDA, PAT) for year-on-year comparison were not available in the provided document.

Consolidated Revenue ₹11,595.64 Cr vs ₹7,109.13 Cr (▲63.11% YoY), EBITDA ₹2,732.37 Cr vs ₹2,068.24 Cr (▲32.11% YoY), PAT ₹2,096.00 Cr vs ₹1,514.94 Cr (▲38.36% YoY). EBITDA Margin 23.56% vs 29.10% (▼554 bps). The Board also recommended a final dividend of ₹1/- per share for FY 2025-26, bringing the total dividend for the year to ₹3.50 per share.