MMTC Limited has informed the Exchange about General Updates
MMTC · price
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MMTC Limited has received an office order from the Ministry of Commerce and Industry dated 29.05.2026, extending the term of Shri Nitin Kumar Yadav (DIN: 03104045) as Chairman and Managing Director. The extension is for one year from 27.04.2026 to 26.04.2027. Shri Yadav is an IAS officer (HR:2000) currently serving as Additional Secretary in the Department of Commerce. He will continue to hold additional charge of CMD positions at PEC Ltd. and STC Ltd. This is a routine government appointment extension processed through the Ministry.
This is a routine administrative extension for a government-nominated CMD. No material impact on operations or governance is expected as this is a continuation of existing leadership under government directive.