MCLNSEM TEK COPPER LIMITEDMediumNeutral
Announced Thu, 19 Mar · 12:07 IST

Madhav Copper Limited has informed the Exchange regarding Outcome of Board Meeting held on March 19, 2026.

Corporate Actions View source PDF

MCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹62.50
prior close
₹61.07
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.2+1.2-0.6-2.6-7.0-5.1-3.1-7.2-8.0+0.9-0.4-0.9-7.4
Up moveDown movePending
AI summary

The Board of Directors of Madhav Copper Limited, at a meeting held on March 19, 2026, approved changing the company's name to 'M Tek Copper Limited'. Consequently, the Memorandum and Articles of Association will also be amended. The name change is subject to approval from shareholders, the Ministry of Corporate Affairs, and other regulatory authorities. The Board also approved a Postal Ballot Notice to seek shareholder consent and appointed Mr. Ranjit Kumar Singh of M/s Ranjit & Associates as the Scrutinizer for the postal ballot process. The meeting ran from 11:00 AM to 11:45 AM.

Likely market impact

This is a corporate identity change with no direct impact on financials or shareholder value. The existing NSE symbol (MCL) and share price are unaffected for now, but investors should watch for the postal ballot outcome and eventual update to the company's name across records and platforms.