MMTC Limited has informed the Exchange regarding Cessation of Kapil Kumar Gupta as Executive Director of the company w.e.f. May 31, 2025.
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Awaiting price reaction for this filing.
MMTC Limited has informed the stock exchange that Kapil Kumar Gupta has ceased to be the Executive Director of the company with effect from May 31, 2025. The announcement is a regulatory disclosure regarding a change in the company's board composition. No reasons for the cessation have been provided in the filing. No successor or replacement appointment has been announced in this particular update.
This is a board-level change that shareholders should note, though it may have limited immediate impact on stock price. Investors may want to watch for follow-up announcements regarding the reasons for exit and any replacement appointment.