Corporate Announcement
Security Code : 533286    Company : MOIL    
 
Information Relating To Fixation Of Prices Of Different Grades Manganese Ore For 3Rd Quarter 2018-19 (October-December'2018) Effective From 01.10.2018Download PDF Download XBRL
  Exchange Received Time  01/10/2018 19:13:26         Exchange Disseminated Time   01/10/2018 19:13:36              Time Taken   00:00:10
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, effective from 01.10.2018 as under.
1)The prices of Ferro Grade, SMGR (Mn 30% & Mn 25%), Chemical Grade and Fines have been increased by about 10% on the existing prices prevailing since 01.09.2018. A discount @10% will be offered on the prices effective from 01.10.2018 on specific grades of materials i.e. BGF534, DBL456 & BGL523 for dispatches during October'2018.
2)The basic price of Electrolytic Manganese Dioxide (EMD), has been increased by Rs. 9000/- PMT on the existing price prevailing since 01.07.2018.
3)Ferro Manganese/Ferro Manganese Slag and some identified grades of Manganese Ore will continue to be sold on e-auction basis as well as through Metal Mandi(M3)of MSTC.
 

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