TL
The Andhra Pradesh Mineral Development Corporation Limited
Industrial Minerals
Issuer Summary
Rated AA
By IRR
Key highlights
Government-owned leader, established 1961, driving Andhra Pradesh's mineral development and economic welfare. Strategic player in India's mining sector, managing large baryte deposits and diversified into coal, granite, and more. Committed to sustainable mineral practices, ensuring environmental protection and socio-economic benefits for the state. Possesses strong financial health, supported by government backing and consistent profitability. Led by experienced MD Venkata Reddy, spearheading corporate transformation and strategic expansion in the mining sector.
Key Leaders and Motto
VR
Venkata Reddy
MD
Vision: To sustainably explore, develop, and harness the mineral resources of Andhra Pradesh for the economic development and welfare of the state. Mission: To promote and regulate mineral development activities in Andhra Pradesh, ensuring optimal utilization of resources, environmental protection, and socio-economic benefits.
Contact and other details
Pan
Cin
U13209TG1961SGC000871
Email
cslegal-ho@apmdc.in
Address
D NO 6 1 67 19 1 AND 67 20 FLAT NO 302 SUPER CLASSIC APARTMENTS SAIFABAD LAKDIKAPUL HYDERABAD 500004 TELANGANA
Founded In
1961