Headline: Orissa Minerals Development Company Announces Upcoming AGM and Financial Performance

On October 28, 2025, the Orissa Minerals Development Company Limited (OMDC) informed stock exchanges of its 107th Annual General Meeting (AGM) scheduled for November 18, 2025. The notice has been published in prominent newspapers, including "Business Standard" and "Sakala," in compliance with SEBI (LODR) Regulations, 2015.

In conjunction with this announcement, OMDC released its unaudited financial results for the quarter and half-year ending September 30, 2025. Total income for the standalone segment reached ₹148.52 crores, while net profit after tax stood at ₹121.88 crores, marking a significant increase from the previous year. The consolidated figures also reflect a healthy performance, with total income of ₹154.34 crores and a net profit of ₹148.16 crores.

A noteworthy development for shareholders is the recent stock split approved by the Board of Directors, reducing the face value of equity shares from ₹10 to ₹1. This strategic move aims to enhance liquidity and make shares more accessible to a broader range of investors.

Overall, OMDC's robust financial indicators and proactive corporate governance demonstrate its commitment to transparency and investor engagement. For further details, stakeholders can visit the company's official website or stock exchange platforms.

Stay tuned for more updates on OMDC and other corporate developments on Smart Finance Saga, your trusted source for financial news and analysis!

Keywords: Orissa Minerals Development Company, AGM, financial results, stock split, SEBI regulations, corporate governance.