GMDC Presents ₹223.54 Crore Dividend Cheque to Gujarat Govt for FY26

Gandhinagar: Gujarat Mineral Development Corporation (GMDC), a state government-owned mining company, presented a dividend cheque of ₹223.54 crore for the financial year 2025-26 to Chief Minister Bhupendra Patel in Gandhinagar.

Established in 1963, GMDC plays a significant role in Gujarat’s industrial and economic development through the scientific, efficient and sustainable exploration and development of mineral resources.

The company is primarily engaged in the mining and sale of minerals such as lignite, bauxite, limestone, fluorspar and silica sand. It has also strengthened its presence in the coal sector by securing three coal blocks in Odisha, Baitarani West, Burapahar and Kudanali-Lubri, as part of its efforts to support Gujarat’s long-term energy security.

In addition to its mining operations, GMDC is active in the renewable energy sector and is exploring opportunities in rare earth elements, copper and other strategic minerals.

GMDC Chairman and Chief Advisor to the Chief Minister Hasmukh Adhia, Managing Director Ajay Bhadu, Principal Secretary to the Chief Minister Sanjeev Kumar and Additional Principal Secretary Vikrant Pandey were also present on the occasion. DeshGujarat