Gujarat Mineral Development Corporation share news and announcements
NSE: GMDCLTDBSE: 532181Minerals & MiningSmall Cap
Last close ₹424.60down ₹10.40 (2.39%)BSE ₹424.55
Share price at the NSE close on 23 Oct 2026. Previous close ₹435.00.
52-week range of traded prices to 23 Oct 2026
₹416.40Low, 23 Oct 2026₹771.90High, 17 Apr 2026
- Next results date: the board meets on 30 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹13,502 Cr350th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 31 Jul 2026
- 14.1
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹504 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 29.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 14 May 2026
- 1.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.24%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 31 Jul 2026
- 14.2%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹504 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 6.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 31 Jul 2026
- 4.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 14 May 2026
- 0.04
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 11,64,02642.9% delivered
Gujarat Mineral Development Corporation share news and announcements
451 announcements, routine notices left out, newest first. Page 9 of 10.
Nov 2010
Oct 2010
20 Oct · Board meeting
To consider and approve the unaudited financial results for the Quarter ended September 30, 2010.
Sep 2010
28 Sep · Meeting
Following outcomes of the Annual General Meeting held on September 28, 2010: (1) The Annual Accounts for the year ended 2009-2010 together with the comments of Comptroller & Auditor General of India have been adopted by the General Meeting. (2) Dividend @ Rs. 2.50 per share has been approved by the General Meeting. (3) The General Meeting has authorized Managing Director to fix the remuneration of Statutory Auditors appointed by the Comptroller & Auditor General of India for the year 2010-2011.14 Sep · Meeting
Annual General Meeting of the Company will be held on September 28, 2010.
Aug 2010
26 Aug · Corporate action
Company has decided to close the Members Register from September 21, 2010 to September 28, 2010 (both days inclusive) for deciding the right to receive dividend by the shareholders of the company for the year 2009-10.
Jul 2010
7 Jul · Board meeting
To consider and aprove the unaudited financial results for the quarter ended June 30, 2010.
May 2010
27 May · Dividend
Board of Directors of the Company at its meeting held on May 26, 2010, has recommended a dividend @ 125% i.e. Rs. 2.50 per share for the financial year 2009-10.17 May · Board meeting
To consider and approve the audited financial results for the Quarter/Year ended March 31, 2010 and to recommend dividend, if any.13 May · Results
GMDC has decided to publish and submit the audited financial results of the Corporation for the quarter / year ended on March 31, 2010.
Jan 2010
12 Jan · Board meeting
Meeting on 27 Jan 2010: “Unaudited Financial Results for the qtr ended Dec 31, 2009”
Oct 2009
14 Oct · Board meeting
Meeting on 26 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”
Sep 2009
29 Sep · Meeting
Following outcomes of Annual General Meeting held on September 29, 2009 : 1) The Annual Accounts for the year 2008-2009 together with the comments of Comptroller & Auditor General of India have been adopted by the General Meeting. 2) Dividend @ Rs. 2 per share has been approved by the General Meeting. 3) The General Meeting has authorized Managing Director to fix the remuneration of Statutory Auditors appointed by the Comptroller & Auditor General of India for the year 2009-2010. 4) The General Meeting has appointed Shri Bhadresh Mehta as Director on Board of the Company.
Aug 2009
14 Aug · Meeting
As authorized by the Board, it has been decided to keep the members register closed from September 21, 2009 to September 29, 2009 (both days inclusive) for deciding the rights to receive the dividend by shareholders of Gujarat Mineral Development Corporation Limited for the year 2008-09 and Annual General Meeting of the Company to be held on September 29, 2009.
Jul 2009
15 Jul · Board meeting
Meeting on 28 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”
May 2009
29 May · Updates
Statement of Appropriations of the Corporation for the year 2008-09 as per Clause 20 of the Listing Agreement. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.28 May · Dividend
Board of Directors at their meeting held on May 28, 2009 has recommended a dividend @100% Rs.2/- per share for the financial year 2008-09.14 May · Board meeting
To transact the following business: (1) to consider and approve audited quarterly financial results for the quarter ended March 31, 2009. (2) to consider and approve the audited annual account for the Financial Year 2008-09. (3) to recommend the dividend for the year 2008-09, if any.
Apr 2009
22 Apr · Results
Company has decided to submit to the Exchange the audited financial results for the year ended on March 31, 2009 within 3 months of end of the financial year. In view of this the unaudited financial results for the quarter ended on March 31, 2009 will not be submitted to the Exchange.9 Apr · Disclosure
Vide its letter dated April 01, 2009 that "Gujarat Mineral Development Corporation Ltd is promoted by Govt. of Gujarat. As on today, 74% of its total shareholding is held by Govt. of Gujarat. We would further like to inform you that there is no pledging of shares by Govt of Gujarat. Hence the disclosure required under captioned regulations is Nil for GMDC".
Jan 2009
16 Jan · Board meeting
Meeting on 29 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
Oct 2008
20 Oct · Board meeting
Meeting on 24 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
Sep 2008
26 Sep · Corporate action
Shareholders in the adjourned Annual General Meeting held on September 24, 2008 have approved issuance of Bonus shares in the ratio of 1:1 and authorized the Board of Directors to fix a record date to decide the entitlement of Bonus. Accordingly, the Board has decided October 17, 2008, as the record date for the purpose of deciding entitlement of shareholders for Bonus.25 Sep · Meeting
Following businesses have been approved at the adjourned Annual General Meeting of the company held on September 24, 2008: 1) Increase in the authorizes share capital of the company to Rs. 150 crores. 2) Alteration in the capital clause of the Memorandum of Association of the company. 3) Issue of bonus shares in the ratio of 1:1. 4) Amendment in Article 115 of the Articles of association of the Company. 5) Contribution to charitable funds in excess of the limits prescribed under the Companies Act, 1956.11 Sep · Meeting
Outcome of the Annual General Meeting of the company held on September 11, 2008. The details of the business transacted at the Annual General Meeting shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2008
27 Aug · Meeting
Annual General Meeting of the the Shareholders of the company will be held on September 11, 2008.13 Aug · Corporate action
Company has decided to close the Members' register from September 03,2008 to September 11,2008 (both days inclusive) for deciding the right to receive dividend by the shareholders of the company for the year 2007-08.
Jul 2008
10 Jul · Board meeting
To consider and approve the unaudited financial results for the Quarter ended June 30, 2008.
Jun 2008
11 Jun · Updates
Statement of Appropriations of the Corporation for the year 2007-08 as per Clause 20 of the Listing Agreement. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.11 Jun · Dividend
Board of Directors at its meeting held on June 11, 2008 has recommended a dividend @ 100% for the financial year 2007-08.5 Jun · Board meeting
To transact the following business: (1) to consider and approve the audited annual accounts for the Financial Year 2007-08 (2) to recommend the dividend for the year 2007-08.
Apr 2008
21 Apr · Results
Company has decided to submit to the Exchange the audited financial results for the year ended on March 31, 2008 within three months of end of the financial year. In view of this, the unaudited financial results for the quarter ending March 31, 2008 will not be submitted to the exchange.
Jan 2008
30 Jan · Corporate action
The Board of Directors of the Company in its meeting held on 30.1.2008 has recommended a bonus issue of shares in the ratio of 1:125 Jan · Board meeting
Meeting of the Board of Directors scheduled on January 28, 2008 is postponed due to unwarranted circumstances and the same will now be held on January 30, 2008, to approve the unaudited financial results of the Company for the quarter ending December 31, 2007.11 Jan · Board meeting
Meeting on 28 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
Dec 2007
20 Dec · Disclosure
GMDC has received a disclosure from M/s UTI Asset Management Co. Pvt. Ltd. vide their letter dated 16.11.2007 informing that UTI Mutual Fund has sold 9,38,825 equity shares of GMDC during 20.3.2007 to 13.11.2007. With this change, M/s UTI holds 5.09% equity in total paid up equity share capital of GMDC. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2007
16 Oct · Board meeting
Meeting on 29 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”11 Oct · Corporate action
Pursuant to approval granted by the shareholders in Annual General Meeting held on September 29,2007, the Board of Directors of the company has fixed the record date of November 16, 2007 for deciding the right of shareholders to receive the sub divided shares. Further the company has submitted a copy of the resolution of AGM as well as Board of Directors of the Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.8 Oct · Meeting
Proceedings of the Annual General Meeting of the Company held on September 29, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Sep 2007
13 Sep · Meeting
Annual General Meeting of the Company will be held on September 29, 2007.3 Sep · Corporate action
It has been decided to keep the members register closed from September 18, 2007 to September 29, 2007 (both days inclusive) for deciding the rights to receive the dividend by shareholders of Gujarat Mineral Development Corporation Limited for the year 2006-07.
Jul 2007
25 Jul · Board meeting
Meeting on 30 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”2 Jul · Miscellaneous
Statement of Appropriation pursuant to clause 20 of the Listing Agreement for the year ended March 31, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Jul · Dividend
Board of Directors in their meeting held on July 02, 2007 has recommended the 100% of dividend for the year 2006-07.
Jun 2007
26 Jun · Board meeting
To transact the following business : (1) To consider and approve the audited account for the Financial Year 2006-07 (2) To recommend the dividend for the year 2006-07.
May 2007
4 May · News Verification
News Verification : The media had reports that Gujarat Mineral Development Corporation Limited may go for a stock split. Further, the government may hive off a part of its stake in the company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Gujarat Mineral Development Corporation Limited. has vide its letter inter-alia stated, "Partial disinvestment of State PSU's including GMDC is in the agenda of the State Government, which holds 74% equity in the company now. When last discussed (September 06), it was decided to defer the disinvestment till such time as the financial performance of the company becomes more robust. We have no formal communication from the Government of Gujarat that the matter is reviewed or a firm decision taken in this regard. Further, the Board of Directors of GMDC in its meeting held on 30-4-2007, has resolved to split the shares of the company in the ratio of 1:5 after necessary approvals. Furthermore, GMDC has executed an MOU with Reliance Industries Ltd. to set up a joint venture (51% RIL - 49% GMDC) to undertake lignite / coal gasification projects."4 May · News Verification
News Verification : The media had reports that Gujarat Mineral Development Corporation Limited may go in for a stock split. Further, the government may hive off a part of its stake in the company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Gujarat Mineral Development Corporation Limited.
Apr 2007
24 Apr · Board meeting
Meeting on 30 Apr 2007: “Unaudited Financial Results for the Qtr ended March 31, 2007”
Mar 2007
12 Mar · E-mail ID for Investor Complaints
E-mail ID of Compliance Officers of the Company is [email protected] for redressel of investor complaints.9 Mar · Limited Review Report
Auditor's have conducted the limited review of the Unaudited financial results for the quarter ended December 31, 2006 . The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.