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Gujarat Mineral Development Corpn Ltd
132 feet - Ring Road,, Vastrapur,
Phone: +91 7927913501p:+91 7927913501 AHMEDABAD, 380052  India Ticker: GMDCLTDGMDCLTD
Business Summary
Gujarat Mineral Development Corporation Limited is an India-based mining and mineral processing company engaged in lignite exploration and supply in Gujarat. It operates through two segments: Mining and Power. Its minerals and mines projects include Lignite, Bauxite, Fluorspar, Manganese, Silica Sand, Limestone, Bentonite and Ball Clay. The Power products include thermal power, solar power, and wind power. It operates five lignite mines, namely, Mata-No-Madh, Rajpardi, Tadkeshwar, Bhavnagar and Umarsar Lignite Mines. It has bauxite mining operations at its Mewasa Bauxite Mines in Devbhoomi Dwarka, a district of Gujarat. Fluorspar project is located in Kadipani, a district of Baroda. Manganese project is located at Shivrajpur, district of Panchmahal. Power project is located at Nani Chher, a district of Kutch. Its Wind Farm projects of 200.9 megawatts are situated at different locations in Gujarat, and a five-megawatt peak Solar Power Project is situated at Panandhro Lignite Project.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
1099 Miscellaneous metal ores, not elsewhere classified
1221 Bituminous coal and lignite surface mining
1411 Dimension stone
1499 Miscellaneous nonmetallic minerals, except fuels
1446 Industrial sand
1459 Clay, ceramic, and refractory minerals, not elsewhere classified
4911 Electric services
3241 Cement, hydraulic
3334 Primary production of aluminum

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board HasmukhAdhia 65 6/19/2023 6/19/2023
Chief Financial Officer Anupma K.Iyer 3/11/2024 3/11/2024
Compliance Officer, Company Secretary JoelEvans 1/1/2022
5 additional Officers and Directors records available in full report.

Business Names
Business Name
532181
GMDCLTD
Gujarat Mineral Development Corporation

General Information
Number of Employees: 1,023 (As of 3/31/2023)
Outstanding Shares: 318,000,000 (As of 9/30/2023)
Shareholders: 128,338
Stock Exchange: NSE
Fax Number: +91 7927913038


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Friday, April 19, 2024