Corporate Announcement
Security Code : 533286    Company : MOIL    
 
Information Relating To Fixation Of Prices Of Different Grades Manganese Ore And Other Products For 02Nd Quarter 2018-19 (July-September'2018) Effective From 01.09.2018.

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  Exchange Received Time  01/09/2018 14:22:06         Exchange Disseminated Time   01/09/2018 14:22:08              Time Taken   00:00:02
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is to inform that in line with the business practice of fixing/revising prices Manganese Ore, the Company has fixed/revised prices of different grades of Manganese Ore and other products, effective from 01.09.2018 as under.

(1)The prices of Ferro Grade ore have been increased by about 5% on the existing prices prevailing since 01.08.2018.

(2)The prices of SMGR (Mn30% & Mn25%), Chemical Grade and Fines have been continued as prevailing since 01.08.2018. However, a discount @ 10% will be offered on the prices effective from 01.09.2018 on specific grade of material i.e. BGL523, DBL456 & DBL457.

(3)On sales of BGF534, existing discount of 5% during August, 2018 is increased to 10% for dispatches during September'2018.

 

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