Gujarat Mineral Development Corporation Ltd (GMDCLTD) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Gujarat Mineral Development Corporation Ltd on NSE and BSE, with an AI summary of each filing.
Unaudited Financial Results for Quarter ended on 30th September, 2026
Financial Result · 30 Oct 2026, 6:03 pm
Gujarat Mineral Development Corporation Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Crore) ■ Revenue: 903 (+71.2% YoY | -0.4% QoQ) ■ EBITDA: 190 (+173.9% YoY | -0.4% QoQ) ■ EBITDA Margin (%): 21.1 (+790 bps YoY | -1 bps QoQ) ■ PAT: 171 (-63.3% YoY | +4.5% QoQ) ■ EPS (INR): 5.37 (-63.3% YoY | +4.5% QoQ) Gujarat Mineral Development Corporation Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Crore) Segmental Performance Mining ■ Revenue: 810 (+63.7% YoY | -3.7% QoQ) ■ EBIT: 194 (+78.9% YoY | -6.6% QoQ) ■ EBIT Margin (%): 24.0 (+204 bps YoY | -75 bps QoQ) Power ■ Revenue: 136 (+241.4% YoY | +22.2% QoQ) ■ EBIT: 8.7 (Loss to Profit YoY | Loss to Profit QoQ) ■ EBIT Margin (%): 6.4 (Loss to Profit YoY | Loss to Profit QoQ)
Gujarat Mineral Development Corporation Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 30 Oct 2026, 5:56 pm
Appointment of Prof. Amit Karna as Additional Independent Director
Change in Management · 22 Oct 2026, 7:11 pm
GMDC Appoints Prof. Amit Karna as Additional Independent Director Gujarat Mineral Development Corporation Ltd. (GMDC) appointed Prof. Amit Karna as an Additional Independent Director and member of the Audit Committee, effective 21st Oct'26, for a five-year term, subject to shareholder approval. Prof. Karna is a Professor of Strategy and Dean of Alumni & External Relations at IIM Ahmedabad, specializing in strategic management, innovation, and entrepreneurship. He is not related to any promoter or key managerial personnel and faces no debarment from holding a directorial office.
Press Release
Press Release · 22 Oct 2026, 12:43 am
GMDC Disburses FY26 Dividend of ₹9.50 Per Share; ₹223.55 Crore to Gujarat Government GMDC presented a final dividend cheque of ₹223.55 crore for FY26 to the Gujarat Government, which holds a 74% stake. Approved on 30th Sep'26, the dividend of ₹9.50 per share (475% on face value ₹2) entails a total shareholder payout of ₹302.10 crore, representing ~30% of standalone PAT. For FY26, GMDC posted a standalone PAT of ₹990.81 crore versus ₹687.92 crore in FY25, supported by an exceptional ITC gain of ₹522.65 crore post-GST rationalisation. Cumulative state dividends across FY22–FY26 exceed ₹1,050 crore.
Intimation of ESG Rating
Others (Uncategorized) · 19 Oct 2026, 10:51 pm
GMDC Assigned Adequate ESG Rating Score of 58 by CRISIL CRISIL Ratings & Analytics has assigned Gujarat Mineral Development Corporation Limited an ESG score of 58, categorized as "Adequate", as disclosed on 19th Oct'26. GMDC clarified that it did not engage CRISIL for the evaluation, nor did it participate or provide specific internal data for the assessment. The assigned rating is entirely non-participatory and derived solely from publicly available information.
GUJARAT MINERAL DEVELOPMENT CORPORATION LIMITED has informed the Exchange about Board Meeting to be held on 30-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 30 Oct 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 30 Oct 2026, 5:30 am
Gujarat Mineral Development Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve Unaudited ....
Intimation · 30 Oct 2026, 5:30 am
GMDC Board to Consider Q2 FY27 Financial Results on 30th Oct'26 Gujarat Mineral Development Corporation Limited (GMDC) has scheduled a Board of Directors meeting on 30th Oct'26 to consider and approve standalone and consolidated unaudited financial results for the quarter ended 30th Sep'26. In compliance with SEBI insider trading regulations, the trading window for dealing in company securities has been closed for designated persons and their immediate relatives since 1st Oct'26 and will reopen on 2nd Nov'26, 48 hours following the declaration of the financial results.
Scrutinizer''s Report alongwith Results of E-Voting at 63rd AGM
Annual General Meeting · 01 Oct 2026, 2:59 am
Proceedings of 63rd Annual General Meeting held on 30th September, 2026
Annual General Meeting · 30 Sept 2026, 11:39 pm
Appointment of Managing Director
Change in Management · 30 Sept 2026, 12:46 am
GMDC Appoints Ajay Bhadoo as Managing Director Replacing Roopwant Singh Gujarat Mineral Development Corporation Limited appointed Shri Ajay Bhadoo, IAS (1999 batch, Gujarat cadre), as Managing Director effective 29th Sep'26, succeeding Shri Roopwant Singh, IAS. Bhadoo brings over two decades of public administration experience, having previously served in senior roles including CEO of Government e Marketplace (GeM), Additional Secretary in the Department of Commerce, and Vice Chairman & CEO of the Gujarat Maritime Board. He holds a Civil Engineering degree and a Master’s in Business Law.
Intimation of ESG Rating
Others (Uncategorized) · 18 Sept 2026, 8:35 pm
GMDC Awarded 'Leader' ESG Rating Score of 69 by Niche Ninety Nine Gujarat Mineral Development Corporation Limited (GMDC) has received an ESG rating score of 69, categorized as "Leader," from Niche Ninety Nine Capability and Certifications (OPC) Private Limited. GMDC clarified that it did not engage the agency, participate in the process, or provide specific data for the evaluation; the rating was derived solely from publicly available information. The company was notified of the assessment disclosure via an email intimation from BSE Limited on 17th Sep'26.
Intimation regarding Credit Rating
Others (Uncategorized) · 18 Sept 2026, 8:32 pm
CARE Reaffirms GMDC’s Bank Facility Ratings Across ₹4,000 Crore Limits CARE Ratings reaffirmed Gujarat Mineral Development Corporation’s (GMDC) credit ratings following a review of FY26 audited and unaudited Q1FY27 performance. Long-term/short-term bank facilities of ₹3,975.00 crore (reduced from ₹3,995.00 crore) were reaffirmed at CARE AA+; Stable / CARE A1+. Short-term bank facilities were enhanced to ₹25.00 crore from ₹5.00 crore and reaffirmed at CARE A1+, bringing total rated bank facilities to ₹4,000.00 crore. The rated portfolio comprises ₹25.00 crore in fund-based overdraft limits and ₹3,975.00 crore in non-fund-based bank guarantees.
Business Responsibility and Sustainability Report (BRSR) for FY 2025-26
Others (Uncategorized) · 05 Sept 2026, 8:50 pm
GMDC Submits FY'26 BRSR Highlighting Operations, ESG Metrics, and Sustainability Performance GMDC submitted its Business Responsibility and Sustainability Report for FY'26, backed by reasonable assurance from JointValues ESG Services. For FY'26, turnover reached INR 2,653.38 crore with net worth at INR 7,068.57 crore; mining accounted for 91.87% of turnover (lignite 87.13%, bauxite 4.74%) and power generation 8.13%. Total Scope 1 and 2 emissions stood at 4,38,869 tCO2e, driven higher by the recommissioning of the Akrimota Thermal Power Station. Sustainable sourcing reached 100%, MSME input purchases through GeM stood at 65.38%, and zero customer data breaches were recorded.
Notice of 63rd Annual General Meeting
Annual General Meeting · 05 Sept 2026, 6:41 pm
Integrated Annual Report for FY 2025-26
Others (Uncategorized) · 05 Sept 2026, 6:33 pm
Intimation of probable data breach incident
Others (Uncategorized) · 04 Sept 2026, 6:14 pm
GMDC Reports Probable Data Breach But Core Operations Remain Unaffected On 4th Sep'26, Gujarat Mineral Development Corporation (GMDC) disclosed a probable website data breach following an alert from CERT-in. Management immediately activated cyber incident response protocols and engaged internal and external cybersecurity experts to assess the scope and potential impact. Importantly for investors, GMDC confirmed that its core operations and enterprise systems remain entirely unaffected and fully functional, mitigating immediate business continuity risks.
63rd Annual General Meeting of the Company will be held on 30th September, 2026
Annual General Meeting · 04 Sept 2026, 1:06 am
Quarterly Results for June 2026
Financial Result · 31 Jul 2026, 11:42 pm
GMDC Reports Flat Q1FY27 Net Profit; Announces Strategic MOUs GMDC reported flat consolidated Q1FY27 net profit at ₹163.4 cr, down 0.2% YoY, on revenue of ₹906.6 cr (+23.8% YoY). Standalone net profit was ₹163.0 cr (-0.7% YoY). The board approved MoUs with GNFC to explore coal-to-chemicals opportunities, including Underground Coal Gasification, and with IREL (India) Limited to explore collaboration in the Rare Earth Elements (REE) sector. Consolidated EPS for the quarter stood at ₹5.14, slightly down from ₹5.15 in the prior-year period. Mining remains the dominant segment.
Quarterly Financial Results for Quarter ended June 30, 2026
Financial Result · 31 Jul 2026, 9:46 pm
Gujarat Mineral Development Corporation Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Crore) ■ Revenue: 907 (+23.8% YoY | +11.4% QoQ) ■ EBITDA: 191 (+12.9% YoY | +83.3% QoQ) ■ EBITDA Margin (%): 21.1 (-203 bps YoY | +827 bps QoQ) ■ PAT: 163 (-0.2% YoY | -15.8% QoQ) ■ EPS (INR): 5.14 (-0.2% YoY | -15.7% QoQ) Gujarat Mineral Development Corporation Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Crore) Segmental Performance Mining ■ Revenue: 841 (+22.7% YoY | +8.6% QoQ) ■ EBIT: 208 (+20.6% YoY | +21.3% QoQ) ■ EBIT Margin (%): 24.7 (-45 bps YoY | +259 bps QoQ) Power ■ Revenue: 111 (+134.9% YoY | +36.3% QoQ) ■ EBIT: -6.0 (Profit to Loss YoY | +85.4% QoQ) ■ EBIT Margin (%): -5.4 (Profit to Loss YoY | +4480 bps QoQ)
Gujarat Mineral Development Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve Unaudited ....
Intimation · 31 Jul 2026, 5:30 am
GMDC Board Meeting Set to Approve Q1FY27 Results on 31-Jul-26 Gujarat Mineral Development Corporation (GMDC) has scheduled a Board of Directors meeting for Friday, 31st Jul'26. The agenda includes the consideration and approval of the Standalone and Consolidated Unaudited Financial Results for the quarter ended 30th Jun'26. In compliance with SEBI regulations, the trading window for designated persons was closed effective from 1st Jul'26 and is set to reopen on 3rd Aug'26, 48 hours after the financial results are declared. This action is standard procedure preceding earnings announcements.
Intimation to shareholders for proposed transfer of shares to IEPFA
Others (Uncategorized) · 15 Jul 2026, 8:30 pm
GMDC to Transfer Unclaimed Dividend Shares to IEPF Authority Gujarat Mineral Development Corporation (GMDC) has notified shareholders about the mandatory transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This applies to shares for which dividends have remained unclaimed for seven consecutive years, starting from FY 2018-19. Shareholders must claim their unpaid dividends and update details with the company's Registrar and Transfer Agent by Nov 05, 2026, to prevent the transfer. The company has published newspaper advertisements and sent individual letters to affected shareholders as per regulatory requirements.
GMDC Partners with University of Cambridge to Establish India''s first AI powered Rare Earth Supply Chain Observatory
Press Release · 02 Jun 2026, 5:31 pm
GMDC Partners with Cambridge for India's First AI-Powered Rare Earth Observatory Gujarat Mineral Development Corporation (GMDC) announced on 02 Jun'26 a strategic collaboration with the University of Cambridge to establish India's first AI-powered Rare Earth Observatory. The two-year, £600,000 initiative aims to create an intelligence platform tracking the entire Rare Earth Elements (REE) value chain in real-time. This addresses a national strategic priority as India's REE consumption is projected to double by 2030, driven by EVs and renewable energy. The platform will support policy, procurement, and strategic stockpiling, enhancing India's supply chain resilience.
Financial Results and Recommendation of Dividend
Outcome · 15 May 2026, 12:46 am
GUJARAT MINERAL DEVELOPMENT CORPORATION LIMITED - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Crore) ■ Revenue: 814 (+3.5% YoY | +40.6% QoQ) ■ EBITDA: 104 (-46.2% YoY | +3.3% QoQ) ■ EBITDA Margin (%): 12.8 (-1182 bps YoY | -462 bps QoQ) ■ PAT: 194 (-14.2% YoY | +45.9% QoQ) ■ EPS (INR): 6.10 (-14.2% YoY | +45.9% QoQ) GUJARAT MINERAL DEVELOPMENT CORPORATION LIMITED - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Crore) Segmental Performance Mining ■ Revenue: 774 (+1.8% YoY | +40.0% QoQ) ■ EBIT: 172 (-0.3% YoY | +10.8% QoQ) ■ EBIT Margin (%): 22.1 (-46 bps YoY | -583 bps QoQ) Power ■ Revenue: 81.7 (+219.1% YoY | +74.2% QoQ) ■ EBIT: -41.0 (-272.2% YoY | -17.6% QoQ) ■ EBIT Margin (%): -50.2 (-717 bps YoY | +2415 bps QoQ)
Gujarat Mineral Development Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2026 ,inter alia, to consider and approve Audited ....
Intimation · 14 May 2026, 5:30 am
GMDC Board Meeting on 14th May'26 to Consider Q4FY26 Results and Dividend Gujarat Mineral Development Corporation (GMDC) has scheduled a Board of Directors meeting for 14th May'26. The agenda includes the consideration and approval of audited standalone and consolidated financial results for the quarter and financial year ended 31st Mar'26. The board will also consider a dividend recommendation for the financial year 2025-26. The trading window for designated persons will remain closed until 48 hours after the results are declared.