MMTC Limited has informed the Exchange regarding tenure completion of Shri Dinesh Dubey as Non- Executive Independent Director of the company w.e.f. April 24, 2026. Extension order of his directorship from Ministry is yet to be received.
MMTC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MMTC Limited has informed the exchanges that Shri Dinesh Dubey's term as Non-Executive Independent Director on the Board expires on April 24, 2026. As a government company, his appointment extension was expected from the Ministry of Commerce and Industry. However, the formal extension order has not yet been received by the company. This effectively means the director will cease to hold office from that date unless the extension is granted retroactively. The company has disclosed this under Regulation 30 of SEBI (LODR) Regulations, 2015.
The board will lose an independent director, which could affect board composition and quorum requirements. Shareholders should monitor whether the Ministry grants an extension or a new director is appointed.