MMTC Limited has clarified to stock exchanges that there are no undisclosed material events behind the recent surge in trading volumes of its equity shares. The government enterprise issued the clarification on December 11, 2025, in response to an inquiry from the National Stock Exchange and Bombay Stock Exchange.

Exchange Inquiry Response

The company addressed the exchanges' email dated December 10, 2025, regarding the unusual spike in trading activity. MMTC stated that it maintains regular communication with stock exchanges about any significant events or news that may influence its stock prices.

Regulatory Compliance Statement

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 that there are no developments in its knowledge that would warrant disclosure to stock exchanges under any applicable legal provisions.

Company's Disclosure Practice

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

Communication Details

The clarification was signed by Company Secretary Ajay Kumar Misra and addressed to both major Indian stock exchanges where MMTC shares are listed. The company trades under the symbol 'MMTC' on NSE and scrip code 513377 on BSE, operating from its registered office at Core 41, Scope Complex, Lodhi Road, New Delhi.

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:

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.