MMTC Limited intimates the Exchange about the extension of the term of Shri Nitin Kumar Yadav, CMD of the company from 27.04.2026 to 26.04.2027.

MMTC · price

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Price reaction · full curve 14 horizons · vs prior close

-0.0%1-day move

₹64.75

prior close

₹65.40

base price

After-mkt

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5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.2-0.4-0.1-1.1-0.0+0.2+5.6+5.0+0.6-0.3+15.3+4.6——

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AI summary

MMTC Limited has informed exchanges about the extension of Shri Nitin Kumar Yadav's term as Chairman and Managing Director from 27.04.2026 to 26.04.2027. The extension has been granted by the Ministry of Commerce & Industry, Government of India, via office order dated 29.05.2026. Shri Yadav is an IAS officer (HR:2000) who holds additional charge of CMD at MMTC along with similar roles at PEC Ltd and STC Ltd. The extension is for one year or until further orders, whichever is earlier, and has been approved by the Hon'ble Minister of Commerce & Industry.

Likely market impact

This is a routine administrative extension of a government-appointed executive. No immediate impact on shareholders expected, as leadership continuity is maintained at the state-owned trading company.