Mstc Limited
MSTC (Metal Scrap Trade Corporation) Ltd undertakes trading activities, e-commerce and also disposal of ferrous and non-ferrous scrap, surplus stores, minerals, agri and forest products, etc.The company is owned and controlled by the Government of India.
What Mstc files
- Others59
- Investor Meet29
- Important14
- Board Meeting10
- Dividend/Bonus10
- PPTs8
MSTC announced its 61st Annual General Meeting. A Record Date is set to determine eligibility for the final dividend for FY2025-26. The Company's Register of Members will close for the AGM and dividend distribution.
MSTC received fines of Rs. 5.37 lakhs each from BSE and NSE for Board composition non-compliance. Two Independent Directors have since been appointed, making the company compliant. These fines have no impact on financial or operational activities.
MSTC Ltd. has appointed Ms. Santosh, Statistical Adviser, Ministry of Steel, as a Government Nominee Director on its Board. She replaces Ms. Sudershan Mendiratta. This represents a change in board composition.
MSTC Ltd appointed Shri Siraiong Singpho and Shri Niwas Mandal as Independent Directors for three years. This board enhancement follows an order from the Ministry of Steel.
MSTC Limited was fined ₹0.0531 Cr by BSE for board composition issues. The company states Government of India appoints directors, seeks a waiver, and clarifies the fine has no impact on its financials or operations.