Gujarat Mineral Development Corporation Ltd (GMDCLTD) — Announcement | 18 September 2026 (2 announcements)

Gujarat Mineral Development Corporation announced that CARE Ratings reaffirmed its long-term bank facilities rating at CARE AA+ (Stable) and short-term rating at CARE A1+, while enhancing the short-term facility limit from ₹5 crore to ₹25 crore. The rating reaffirmation covers a total of ₹4,000 crore in bank facilities, with the long-term facility amount reduced slightly from ₹3,995 crore to ₹3,975 crore. This credit rating action underscores stable financial standing and improved short-term borrowing capacity for the company.

Gujarat Mineral Development Corporation Limited announced it received an ESG rating score of 69 from Niche Ninety Nine Capability and Certifications (OPC) Private Limited, categorized as 'Leader'. The rating was assigned based on publicly available information without the company's direct participation or data provision, and was communicated via BSE on 17 September 2026. This ESG rating reflects the company's environmental, social, and governance performance as evaluated by an external agency.