Amalgamation
Year 2003, witnessed completion of amalgamation of Rajasthan State Mineral Development Corporation Limited (RSMDC), another Rajasthan State Government PSU with Rajasthan State Mines & Minerals Limited (RSMML) was issued by the Department of Company Affairs, Government of India (Order No. S.O.207(E) dated 19th February 2003) under Section 396 of the Companies Act, 1956 and the same has come into effect from 20th February, 2003, the date of its publication in the Gazette of India (Extraordinary).
Strategic Business Units & Profit Centres
After amalgamation, the following four mineral based Strategic Business Units & Profit Centres (SBU & PC) namely Rock Phosphate, Lignite, Gypsum and Limestone have been set up as a part of corporate restructuring: -
Dmg Oms Mines Rajasthan Gov Lessee Login Form
Rock Phosphate continued its prime position in the business profile of the Company and catered to almost 94% of the indigenous demand. The capacity of industrial beneficiation plant was increased from 1500 TPD to 3000 TPD. The company providing lignite for the lignite based thermal power plant at Giral under state owned Company, Rajasthan Vidyut Utpadan Nigam Ltd. Being pioneer in the lignite field, RSMML has ensured its strong presence in the lignite based power sector in Rajasthan.
In the year 2012-13, company has achieved the profit before tax Rs. 615.82 crores in comparison to profit before tax of Rs. 408.99 crores in 2011-12. The Company started a number of R&D activities to further strengthen its R&D activities. Generous contributions were made for creation of life saving medical infrastructure in 8 project districts. The Dividend of Rs. 38.77 crores is proposed for the year 2012-13.
RSMML today has broken away from its monopolistic moorings and welcomes competition. From a small backwaters company, it is now rated as a technologically advanced company and an innovator. It boasts of a highly trained and competent workforce and strong financial base. It has established itself as the most successful public sector company in Rajasthan.