MSTC board alters MoA to include travel agency business
MSTC Limited secured administrative ministry approval to amend its Memorandum of Association to include travel agency and tour operator businesses. The board approved the alteration on July 10, 2026, subject to shareholder consent through a postal ballot process.

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MSTC Limited received approval from its administrative ministry to alter the objects clause of its Memorandum of Association (MoA) to include the business of travel agencies, tour operators, and tourist agents. The Board of Directors approved this alteration at its meeting held on July 10, 2026, subject to shareholder consent via postal ballot.
Board and Ministry Approval
The administrative ministry granted approval for the alteration vide its letter no. S-31021/20/2023-MFH dated July 3, 2026. Consequently, the board approved the insertion of a new clause regarding travel agencies and allied activities through web-based platforms or otherwise. The meeting commenced at 12:30 P.M. (IST) and concluded at 1:15 P.M. (IST).
Shareholder Consent Process
The approval of shareholders will be sought through the postal ballot mechanism. The company will provide the specific details of the postal ballot process in due course. The resolution to amend the MoA will become effective only upon receiving the requisite shareholder approval.
| Parameter | Details |
|---|---|
| Company | MSTC Limited |
| Board Meeting Date | July 10, 2026 |
| Ministry Approval Date | July 3, 2026 |
| Nature of Amendment | Addition of travel agency and tour operator business |
| Approval Mechanism | Postal ballot |
Historical Stock Returns for MSTC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.84% | -3.52% | +23.07% | +38.84% | +24.80% | +117.43% |
How will MSTC leverage its existing e-commerce infrastructure to support the new travel agency operations?
What is the projected capital expenditure required to establish the travel and tourism business vertical?
Who are the primary competitors MSTC aims to challenge in the online travel agency market?































