MMTC Limited Reports Zero Physical Share Transfer Requests Under SEBI Special Window

1 min read     Updated on 12 Mar 2026, 03:26 PM
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Shriram SScanX News Team
Overview

MMTC Limited reported zero requests for re-lodgment of physical share transfers during February 5 to March 4, 2026, under SEBI's special window provision. The disclosure, made on March 12, 2026, was in compliance with SEBI circular dated January 30, 2026. MCS Share Transfer Agent Limited confirmed the nil status across all parameters including requests received, processed, approved, and rejected.

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

MMTC Limited has reported zero requests for re-lodgment of physical share transfers under the special window provision established by the Securities and Exchange Board of India (SEBI). The company made this disclosure to stock exchanges on March 12, 2026, covering the period from February 5, 2026 to March 4, 2026.

Regulatory Compliance

The disclosure was made in accordance with SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This circular established a special window for shareholders to re-lodge transfer requests for physical shares that required conversion to dematerialized form.

Transfer Agent Report

MCS Share Transfer Agent Limited, serving as MMTC's registrar and transfer agent, provided a comprehensive report dated March 10, 2026 confirming the nil status. The report covered various metrics for the specified period:

Parameter Count
Requests Received 0
Requests Processed 0
Requests Approved 0
Requests Rejected 0

Company Information

MMTC Limited, a Government of India enterprise, maintains its registered office at Core-1, SCOPE Complex, 7 Institutional Area, Lodi Road, New Delhi-110003. The company operates under CIN: L51909DL1963GOI004033 and is listed on both BSE and NSE.

Administrative Details

The communication was signed by Ajay Kumar Misra, Company Secretary of MMTC Limited, and was digitally authenticated on March 12, 2026. MCS Share Transfer Agent Limited, headquartered at 179-180, 3rd Floor, DSIDC Shed, Okhla Industrial Area, Phase-I, New Delhi-110020, provided the supporting documentation.

This disclosure ensures transparency and compliance with regulatory requirements regarding physical share transfer processes during the SEBI-mandated special window period.

Historical Stock Returns for MMTC

1 Day5 Days1 Month6 Months1 Year5 Years
+0.32%-0.48%-15.85%-14.22%+7.85%+26.43%

MMTC Limited Appoints Jatinderjit Singh Mann as Director (Marketing)

2 min read     Updated on 12 Feb 2026, 04:48 PM
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Reviewed by
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Overview

MMTC Limited has appointed Shri Jatinderjit Singh Mann as Director (Marketing) effective 12.02.2026, following approval from the Ministry of Commerce & Industry. Mann, aged approximately 52 years, brings significant experience from NTPC Limited where he served as Additional General Manager (Marketing/Consultancy) & Head of RDSS-J&K. He holds engineering and MBA qualifications, with the appointment approved for a five-year term at a pay scale of Rs. 1,80,000-3,40,000/- (IDA).

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

MMTC Limited has announced a key leadership appointment with Shri Jatinderjit Singh Mann joining the company's Board of Directors as Director (Marketing). The appointment was approved during the 489th Board Meeting held on 12.02.2026, marking a significant addition to the government enterprise's executive team.

Appointment Details and Government Approval

The appointment follows an official order from the Ministry of Commerce & Industry, Government of India, dated 04.02.2026. The government order was issued in pursuance of communication from the Appointments Committee of the Cabinet, Department of Personnel & Training, demonstrating the formal approval process for this senior position.

Parameter: Details
Appointment Date: 12.02.2026
Board Meeting: 489th Board Meeting
Government Order Date: 04.02.2026
Ministry: Commerce & Industry
Position: Director (Marketing)
Term: Five years
Pay Scale: Rs. 1,80,000-3,40,000/- (IDA)

Professional Background and Qualifications

Shri Jatinderjit Singh Mann, approximately 52 years old, brings substantial experience from the power sector to his new role at MMTC Limited. His educational credentials include a graduate degree in electronics & communications engineering from the prestigious Maulana Azad National Institute of Technology, completed between 1994-98.

Mann further enhanced his business acumen by pursuing an MBA in Finance from Punjabi University, Patiala, which he completed between 2020-2022. This combination of technical and financial expertise positions him well for the marketing leadership role at the trading corporation.

Previous Experience at NTPC Limited

Prior to joining MMTC Limited, Mann held the position of Additional General Manager (Marketing/Consultancy) & Head of RDSS-J&K at NTPC Limited. In this role, he played a vital role in strengthening the organization's commercial and developmental initiatives, particularly in the Jammu & Kashmir region under the Revamped Distribution Sector Scheme.

Background Details: Information
Age: Approximately 52 years
Engineering Degree: Electronics & Communications (1994-98)
Institute: Maulana Azad National Institute of Technology
MBA: Finance (2020-2022)
University: Punjabi University, Patiala
Previous Role: AGM (Marketing/Consultancy) & Head RDSS-J&K
Previous Company: NTPC Limited

Regulatory Compliance and Independence

As part of the appointment process, Mann has provided necessary declarations under SEBI regulations. He has confirmed that he is not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other regulatory authority. Additionally, the company has disclosed that Mann is not related to any existing directors of MMTC Limited, ensuring independence in the board composition.

Strategic Implications

The appointment of Mann as Director (Marketing) represents MMTC Limited's commitment to strengthening its commercial capabilities. His background in marketing and consultancy, combined with experience in government enterprises, aligns with MMTC's role as a premier trading organization under the Government of India. The five-year term provides stability for long-term strategic planning and implementation of marketing initiatives.

Historical Stock Returns for MMTC

1 Day5 Days1 Month6 Months1 Year5 Years
+0.32%-0.48%-15.85%-14.22%+7.85%+26.43%

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1 Year Returns:+7.85%