MMTC Limited has informed the Exchange regarding Cessation of Ms Aishvarya Singh as Non- Executive- Government Nominee Director of the company w.e.f. September 22, 2025.
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MMTC Limited has informed the stock exchanges that Ms. Aishvarya Singh, a Non-Executive Government Nominee Director representing the Ministry of Commerce and Industry, ceased to be on the board with effect from September 22, 2025. Her departure coincides with the end of her tenure as Joint Secretary in the Department of Commerce. As per the attached government office order, she is being reassigned as Joint Secretary in the Department of Drinking Water & Sanitation under the Government of India. This is a routine government-cadre transfer and the company has shared the Ministry's office order (No. 72/2025) along with the intimation.
This is a routine bureaucratic rotation of a government nominee director and is unlikely to have any material impact on MMTC's operations or stock price. The board will continue to function normally until a replacement nominee is appointed by the Ministry.