MMTCNSEMMTC Limited· TradingHighNegative
Announced Tue, 28 Apr · 11:19 IST

MMTC Limited has informed the Exchange about expiry of tenure of Shri Nitin Kumar Yadav, CMD (Addl. Charge), on the Board of MMTC Limited w.e.f. 28.04.2026.

Director Flagged GovernanceManagement Changes View source PDF

MMTC · 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
-1.8%1-day move
₹66.64
prior close
₹67.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.4-0.3-0.3-1.8-2.9-2.1-1.1+0.0+2.3-4.3-2.8-0.1
Up moveDown movePending
AI summary

MMTC Limited has disclosed that the tenure of Shri Nitin Kumar Yadav (AS, MoC) as Chairman and Managing Director on additional charge basis expires on 28.04.2026. He was holding DIN 03104045. The company has stated that an extension of his appointment is expected from the Ministry of Commerce, but the formal approval has not yet been received at the time of this disclosure. This intimation is made under Regulation 30 of SEBI (LODR) Regulations 2015, which requires disclosure of changes in directorship.

Likely market impact

The expiry of the CMD's term creates a governance gap at the top level of the company. Until an extension is granted or a new appointment is made, MMTC will face leadership uncertainty which could impact decision-making and operational continuity.