Notice of Offer for Sale of Shares by Promoter & Floor Price

• Security Code: 526371
• Company: NMDC

The President of India, acting through and represented by the Ministry of Steel, Government of India, is the promoter of NMDC Limited (the “Promoter”). The Promoter (the “Seller”) proposes to sell up to 4,74,58,357 (1.5%) equity shares of the face value of Re. 1/- each (“Base Offer Size”) on January 09, 2018 (“T day”) (for non-Retail Investors only) and on January 10, 2018 (“T+1 day”) (for Retail Investors and for non-Retail Investors who choose to carry forward their un-allotted bids) with an option to additionally sell up to 4,74,58,357 (1.5%) equity shares of NMDC Ltd ("the Company") (the “Oversubscription Option” and in the event the Oversubscription Option is exercised, the equity shares forming part of the Base Offer Size and the Oversubscription Option will, collectively, hereinafter be referred to as “Offer Shares”. In case the Oversubscription Option is not exercised, the equity shares of the Company forming part of the Base Offer Size will hereinafter be referred to as “Offer Shares”) through a separate, designated window of the BSE Limited (the “BSE”) and the National Stock Exchange of India Limited (“NSE”, and together with the BSE, the “Stock Exchanges”), collectively representing 3% of the total paid up equity share capital of the Company on December 31, 2017 (held in dematerialized form in one or more demat accounts with the relevant depository participant), in accordance with the SEBI OFS Circulars and the applicable notices and circulars issued by the BSE and NSE, from time to time, in this regard (such offer for sale hereinafter referred to as the “Offer”).

The Offer shall be undertaken exclusively through the Seller's Brokers named below on a separate window provided by the Stock Exchanges for this purpose.

- Dates and time of the opening & Closing of the Offer:

For non-Retail Investors: January 09, 2018 (“T day”)

The Offer shall take place during trading hours on a separate window of the Stock Exchanges on T day i.e. January 09, 2018 commencing at 9:15 a.m. and shall close on the same date at 3:30 p.m.Indian Standard Time. On T day, non-Retail Investors may indicate their willingness to carry forward their un-allotted bids to T+1 day (defined below) for allocation to them in the unsubscribed portion of Retail Category (defined below).

Only non-Retail Investors shall be allowed to place their bids on T day, i.e. January 9, 2018

For Retail Investors (as defined below) and non-retail category bids who choose to carry forward their bids: January 10, 2018 (“T+1 day”)

The Offer shall continue to take place during trading hours on a separate window of the Stock Exchanges on T+1 (T+1 being January 10, 2018) commencing at 9:15 a.m. and shall close on the same date at 3:30 p.m. Indian Standard Time.

Retail Investors (as defined below) shall be allowed to place their bids and revise their bids only on T+1 day. Further, those nonRetail investors who have placed their bids on T day and have chosen to carry forward their bids to T+1 day, shall be allowed to revise their bids on T+1 day as per the SEBI OFS Circulars.

(T day and T+1 day, collectively referred to as “Offer Dates”)

- Date and time of declaration of floor price ("Floor Price") : The floor price of the Offer shall be Rs. 153.50/- (Rupees One Hundred and Fifty Three and Paisa fifty only) per Equity Share of the Company.