ORISSA MINERALS DEVELOPMENT COMPANY LTD.

Orissa Minerals Development Company Ltd has received Environment Clearance (EC) from the Ministry of Environment, Forest and Climate Change for its Belkundi Iron & Manganese Ore Mine. The clearance is for an area of 1276.79 Hect. with a restricted mining area of 920.6 ha. The approved production capacity is 1.8 MTPA for Iron Ore and 0.3 MTPA for Manganese Ore, along with crusher and screening plant installations. This clearance was granted under the violation category based on S.O 804 (E) dated 14/03/2017, following a recommendation from the Expert Appraisal Committee (EAC) in its meeting on 17/07/2026. The project is located in Keonjhar district, Odisha.

The Hon'ble Supreme Court of India, in a review order dated 29.07.2026, has altered its previous judgment concerning environmental clearances (ECs). The new order validates ECs granted under the 2017 Notification and 2021 OM until the date of the order, provided they are not challenged on merits. Pending applications are to be processed, and those dismissed or delisted solely due to the previous judgment may be reconsidered. However, no fresh applications under these instruments will be entertained. Consequently, Orissa Minerals Development Company Ltd (OMDC)'s proposal for an EC for its Belkundi Iron and Mn. Mines has been restored to its pre-delisting stage for reconsideration. Notably, MoEF&CC had already recommended favourably for the EC on 28.07.2026, subject to the outcome of the Supreme Court's judgment.

The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change has recommended the grant of Environment Clearance (EC) for the Belkundi Iron & Manganese Ore Mine. The mine, operated by Orissa Minerals Development Company Ltd, covers an area of 1276.79 hectares. The EC allows for mining with a restriction on 965.423 hectares, with a proposed production capacity of 1.8 MTPA for Iron Ore and 0.3 MTPA for Manganese Ore. This recommendation follows the EAC's 9th meeting held on July 17, 2026, and is based on the provisions of the EIA Notification, 2006.

Orissa Minerals Development Company Ltd announced the Audited Standalone Financial Results for the Financial Year ended March 31, 2026, following a Board of Directors meeting held on July 24, 2026. The meeting commenced at 11:00 AM and concluded at 6:40 PM. The company has provided segment-wise revenue and results, detailing operations in Iron Ore, Manganese Ore, and Sponge Iron. The financial statements were prepared on a going concern basis, with ongoing efforts to renew mining leases for certain mines.

Orissa Minerals Development Company Ltd has announced that its Board of Directors will convene on July 24, 2026. The primary agenda item for this meeting is to consider and approve the audited financial results for the financial year ended March 31, 2026. This announcement is made in compliance with SEBI (LODR) Regulations, 2015, with a shorter notice period.

Orissa Minerals Development Company Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from July 20th, 2026, and will reopen 48 hours after the declaration of the audited financial results for the financial year ended March 31st, 2026. This measure is standard practice to prevent potential insider trading during the sensitive period of financial result announcement.

Orissa Minerals Development Company Ltd (OMDC) announced the appointment of Smt. Geeta Balmuchu as a Non-Official Director (NoD) on its Board. The appointment is effective for a period of three years from the date of notification, or until further orders. This appointment was made by the President of India, as per an order from the Ministry of Steel, Government of India. Smt. Balmuchu brings a Bachelor of Arts degree and 30 years of experience in social service and public life. The company has attached her brief profile and disclosures as required by SEBI regulations.

Orissa Minerals Development Company Ltd (OMDC) announced the appointment of Shri Prafulla Jaipuria as the Nominee Director representing Life Insurance Corporation of India (LIC) on its Board. Shri Jaipuria, who is the Secretary General of the Insurance Institute of India, Mumbai, replaces Shri TR Mallick. The appointment was communicated by LIC via a letter dated May 29, 2026, with the Board approving it through a resolution by circulation on July 07, 2026. As Shri Jaipuria is also an Executive Director at LIC, any payments related to his directorship, such as sitting fees, bonus, or commission, will be remitted directly to LIC.

Orissa Minerals Development Company Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The date of the board meeting to consider these financial results will be communicated separately.

Orissa Minerals Development Company Ltd (OMDC) has appointed Shri MNVS Prabhakar, Chairman & Managing Director of Rashtriya Ispat Nigam Limited (RINL), as Non-Executive Chairman, effective May 25, 2026. This appointment follows a nomination from RINL, the ultimate holding company, and replaces Shri Manish Raj Gupta. Shri Prabhakar is not related to any Director of the Company and is not debarred from holding the office of Director by any order passed by SEBI or any other such authority.