GMDCLTD.BO BSE

Gujarat Mineral Development Corporation Limited, an Indian enterprise, primarily operates within the nation's mining sector. Its business activities are structured across two principal divisions: Mining and Power. The company undertakes the exploration and prospecting of various minerals, encompassing lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. These extracted resources serve as crucial raw materials for a wide array of industries, being utilized in the production of textiles, chemicals, and bricks, as well as for captive power generation. They are also integral to the manufacturing of hydrofluoric acid, glass, and refrigerant gases. Furthermore, the company's products find application as flux in metallurgical processes, as synthetic foundry moulding catalysts, and are incorporated into limestone tiles, slabs, wall cladding, vanity tops, and materials for oil and water well drilling, ceramic whiteware, sanitaryware, and water purification. Beyond its mineral operations, the corporation also generates electricity from thermal, wind, and solar energy sources. The company was founded in 1963 and maintains its headquarters in Ahmedabad, India.