Gujarat Mineral Development (GMDCLTD) — Insider Trading

Gujarat Mineral Development Corporation Limited received an SEBI administrative warning for inadequate disclosure regarding Environmental Clearance for its Surkha(N) Lignite Mine expansion, specifically failing to reflect factual details of the February 16, 2024 approval in its January 8, 2024 press release. The warning mandates improved compliance to prevent recurrence, with no financial or operational impact.

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About Gujarat Mineral Development Corporation Limited (GMDCLTD)

Metals & Mining · Mining & Mineral products · Listed on NSE

Market Cap: ₹17,879.55 Cr P/E: 18.7 ROE: 14.9% ROCE: 19.6% Div Yield: 1.69%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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