MMTC Ltd Issues Latest Clarification on Trading Volume Surge with No Material Events

1 min read     Updated on 11 Dec 2025, 01:26 PM
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Reviewed by
Ashish TScanX News Team
Overview

MMTC Limited has provided an updated clarification to stock exchanges on December 31, 2025, confirming there are no undisclosed material events causing recent trading volume surges. The response, signed by CMD Nitin Kumar Yadav, addresses exchange inquiries and reaffirms the company's commitment to regulatory compliance under SEBI LODR Regulation 30.

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*this image is generated using AI for illustrative purposes only.

MMTC Limited has issued an updated clarification to stock exchanges confirming there are no undisclosed material events behind the recent surge in trading volumes of its equity shares. The government enterprise issued the latest clarification on December 31, 2025, signed by CMD Nitin Kumar Yadav, in response to exchange inquiries about unusual trading activity.

Latest Exchange Communication

The company addressed the exchanges' email dated December 30, 2025, regarding the spike in trading volumes. This follows an earlier clarification issued on December 11, 2025, in response to a similar inquiry dated December 10, 2025, demonstrating ongoing exchange monitoring of the stock's trading patterns.

Parameter: Latest Response Previous Response
Response Date: December 31, 2025 December 11, 2025
Inquiry Date: December 30, 2025 December 10, 2025
Signatory: CMD Nitin Kumar Yadav Company Secretary Ajay Kumar Misra
Reference Number: BS/SE.S/325/2021 Not specified

Regulatory Compliance Confirmation

MMTC emphasized its adherence to disclosure norms, confirming that no significant events requiring reporting under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 have occurred. The company stated there are no developments that warrant disclosure to stock exchanges under any applicable legal provisions that may impact stock prices or trading volumes.

Company's Transparency Commitment

The trading company reiterated its commitment to transparency, noting that it regularly informs stock exchanges about any significant events or news that may have bearing on share prices. This proactive approach ensures compliance with regulatory requirements and maintains investor confidence through consistent communication.

Corporate Details

The clarification was issued from MMTC's registered office at Core #1, Scope Complex, 7, Institutional Area, Lodi Road, New Delhi. The company maintains regular communication channels with exchanges and operates under CIN: L51909DL1963GOI004033, with contact details including phone number 011-24361889 and email mmtc@mmtclimited.com .

Historical Stock Returns for MMTC

1 Day5 Days1 Month6 Months1 Year5 Years
-4.05%-3.97%+15.80%-9.03%-17.21%+120.24%

MMTC Reports Rs 135.59 Crore Loss in Q2 FY26, Receives NINL Divestment Funds

1 min read     Updated on 14 Nov 2025, 01:23 AM
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Reviewed by
Radhika SScanX News Team
Overview

MMTC Limited posted a net loss of Rs 135.59 crore for Q2 FY26. The company made an additional provision of Rs 33.76 crore for the Anglo Coal case following a Delhi High Court order. On a positive note, MMTC received Rs 437.51 crore from the NINL divestment escrow account, including Rs 411.76 crore in principal and Rs 25.75 crore in interest. The Board of Directors approved unaudited standalone and consolidated financial results for Q2 and H1 FY26 in a meeting on November 13, 2025.

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*this image is generated using AI for illustrative purposes only.

MMTC Limited , a state-owned trading company, has reported financial results for the quarter ended September 30, 2025, revealing significant developments in its operations and financial position.

Q2 FY26 Financial Performance

MMTC posted a net loss of Rs 135.59 crore for the second quarter of the fiscal year 2025-26. This loss comes amidst ongoing legal proceedings and strategic divestments.

Anglo Coal Case Settlement

The company made an additional provision of Rs 33.76 crore related to the Anglo Coal case. This provision follows a Delhi High Court order directing the release of Rs 1000 crore to Anglo. The case and its financial implications highlight the ongoing legal challenges faced by MMTC.

NINL Divestment Proceeds

On a positive note, MMTC received substantial funds from the NINL (Neelachal Ispat Nigam Limited) divestment escrow account. The company reported the receipt of:

Description Amount (in Crore)
Principal 411.76
Interest 25.75
Total 437.51

These funds were released after the expiration of a three-year warranty period on July 4, 2025, marking a significant inflow for MMTC.

Board Meeting and Financial Reporting

As per the LODR (Listing Obligations and Disclosure Requirements) data, MMTC's Board of Directors convened on November 13, 2025, to approve the following:

  1. Unaudited Standalone Financial Results for Q2 and H1 FY26
  2. Unaudited Consolidated Financial Results for Q2 and H1 FY26
  3. Auditors' Report on the unaudited financial results

The board meeting, which started at 11:00 AM and concluded at 4:30 PM, underscores the company's commitment to transparency and regulatory compliance.

Conclusion

MMTC's Q2 FY26 results reflect a challenging period for the company, with a significant net loss and ongoing legal expenses. However, the receipt of NINL divestment funds provides a financial boost. Investors and stakeholders will likely be watching closely to see how MMTC navigates these challenges and utilizes the incoming funds in the coming quarters.

Historical Stock Returns for MMTC

1 Day5 Days1 Month6 Months1 Year5 Years
-4.05%-3.97%+15.80%-9.03%-17.21%+120.24%
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