MMTC Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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The Ministry of Commerce and Industry (MoCI), acting on behalf of President of India (the ultimate promoter), has submitted a disclosure confirming it holds 1,34,89,03,143 equity shares in MMTC Limited. The Ministry has explicitly declared that it has not created any encumbrance — pledge, lien, or charge — on its shares during the financial year ending 31 March 2026. This is a routine regulatory filing confirming the status of the promoter's shareholding and any related encumbrances.
The confirmation of zero encumbrances on the promoter's stake is a positive signal for minority shareholders, indicating the government holding is clean and free from debt-related risks that could pressure future stake changes.