Odisha Mining Corporation Limited (India)

Odisha Mining Corporation Limited (OMC) is a state government company located in Khurda, Odisha, India. It was incorporated on May 16, 1956, as a joint venture between the Government of Odisha and the Government of India. The objective of OMC is to explore, extract, and add value to the mineral wealth of the state. In 1961, it became a wholly state-owned corporation. OMC has become one of the largest and fastest-growing mining companies in India over the past six and a half decades. It is known for its comprehensive corporate social responsibility (CSR) and sustainability practices and has received national recognition for its outstanding contributions in these areas. OMC is classified as a "Gold" category state public sector undertaking (PSU) and is a debt-free profit-making corporation. It has implemented excellent processes and systems under the management team. The company is involved in the mining of iron ores, including hematite, magnetite, limonite, siderite, and taconite, which are valued for their iron content. It also produces sintered iron ores. OMC's authorized share capital is INR 4,250,000,000, and its paid-up capital is INR 314,548,000. It is classified as an unlisted private company and is engaged in the manufacturing of steel products such as TMT bars and steel bars. Its products and services include steel structures, steel billets, steel bars, and steel TMT. The last reported Annual General Meeting (AGM) of OMC was held on September 26, 2022. The company has 14 directors, including Rabinarayan Patra, Shanti Lata Sahu, and others. Its Corporate Identification Number (CIN) is U13100OR1956SGC000313, and its registered address is Post Box 34, Bhubaneswar, Khurda, Odisha. The current status of OMC is active.