Announced Mon, 27 Jul · 14:52 IST
Postal ballot to add tourism and travel agency business to objects clause
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MSTCLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹609.25
prior close
₹603.40
base price
In-mkt
timing
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AI summary
MSTC Limited seeks shareholder approval via postal ballot to add a new clause (no. 18) to its Memorandum of Association for entering the travel and tourism business. The Ministry of Steel approved on 3 July 2026; board approved on 10 July 2026. E-voting runs 28 July to 27 August 2026, results by 1 September 2026. MSTC, a Government of India enterprise currently in e-commerce and e-auction, plans to diversify into a travel portal.
Likely market impact
Diversification move into travel and tourism. Government approval already obtained. Long-term business expansion.