MMTC LTD.

MMTC Limited conducted its 63rd Annual General Meeting on September 17, 2026, via VC/OAVM. Key agenda items included the adoption of Audited Standalone & Consolidated Financial Statements for FY 2025-26, authorization for the Board to fix statutory auditor remuneration for FY 2026-27, and the appointment of Shri Jatinderjit Singh Mann as Director (Marketing), Shri Kundan Kumar Mishra as Director (Finance), Ms. Nigar Fatima Husain as Non-executive, Government Nominee Director, and Shri A.K.M. Kashyap as Non-executive, Government Nominee Director. The company also confirmed that no director was liable to retire by rotation. Remote e-voting was available prior to the meeting, with e-voting also conducted during the AGM.

MMTC Limited has announced the appointment of M/s R S P H & ASSOCIATES as its Statutory Auditor for the Financial Year 2026-27. The appointment was conveyed by the Comptroller & Auditor General of India (C&AG) via a letter dated 08.09.2026. The formal order was received by the company on 16.09.2026. The appointment will be regularized in the upcoming Board Meeting. The auditor has confirmed their eligibility and compliance with relevant sections of the Companies Act, 2013.

MMTC Limited has reported the re-lodgment of 458 transfer requests for physical shares during August 2026. This action is in compliance with a SEBI Circular dated January 30, 2026, which provides a special window for such requests. The company's Registrar and Transfer Agent, MCS Share Transfer Agent Limited, processed all 458 received requests, with an average processing time of 15 days. No requests were rejected during this period.

MMTC Limited has informed the exchange that it is unable to constitute mandatory sub-committees of its Board due to the absence of Independent Directors. This inability stems from the requirement under SEBI (LODR) Regulations, 2015, which necessitates the appointment of Independent Directors for forming these committees. As a Government of India enterprise under the Ministry of Commerce & Industry, MMTC has no control over director appointments, which are made by the Ministry. The company has been regularly communicating the need for director appointments to the Department of Commerce to comply with regulatory requirements.

MMTC Limited has officially submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26 to the stock exchanges. This submission is in compliance with SEBI's Listing Obligations and Disclosure Requirements. The BRSR, along with the Annual Report for FY 2025-26, is also available on the company's website. The report details various aspects of MMTC's operations, including its business activities, employee data, and market presence. Notably, the company's primary business activity is Wind Energy Generation, accounting for 99.50% of its turnover. The report also indicates that the business of MMTC Limited has been stopped by order of the Ministry of Commerce & Industry.

MMTC Limited has officially released its Annual Report for the financial year 2025-26. The report details the company's performance, corporate governance, and sustainability initiatives. Notably, the company reported a profit of ₹212.07 Cr for the fiscal year, primarily generated from non-trading activities such as interest income from divested funds (NINL) and dividends from MMTC PAMP. The report also includes the Chairman's statement, directors' report, management discussion and analysis, and financial statements.

MMTC Ltd has announced its 63rd Annual General Meeting (AGM) will be held on Thursday, September 17, 2026, at 11:00 AM IST. The meeting will be conducted via Video Conferencing/Other Audio-Visual Means, adhering to the Companies Act, 2013 and MCA/SEBI circulars. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY 2025-26, authorization for the Board to fix auditors' remuneration for FY 2026-27, and the appointment of Shri Jatinderjit Singh Mann as Director (Marketing), Shri Kundan Kumar Mishra as Director (Finance) & CFO, and Ms. Nigar Fatima Husain and Shri A.K.M. Kashyap as Non-executive, Government Nominee Directors. The notice is available on the company's website and has been dispatched to eligible members.

MMTC Limited has responded to an exchange query regarding a significant increase in its stock volume. The company stated that it regularly intimates the stock exchanges about any significant events or news that could impact stock prices. MMTC further clarified that, to their knowledge, there are no significant events that require reporting under SEBI (LODR) Regulations 2015 or any other legal provision that would explain the recent surge in trading volume or stock prices.

MMTC Ltd has issued a statement detailing the impact of an audit qualification for the quarter ended June 30, 2026. The qualification relates to the Anglo Coal case, where the company recognized a provision of ₹87.76 crore against an estimated present obligation of ₹170.58 crore, leading to an understatement of provision and overstatement of contingent liabilities by ₹82.82 crore. This departure from accounting standards has significantly impacted the net profit, reducing it from ₹93.73 crore to ₹10.91 crore, and Earnings Per Share from ₹0.62 to ₹0.07. The company maintains that its calculations are provisional and subject to further adjudication.

MMTC Limited announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved both standalone and consolidated financial results, along with the Limited Review Report. The results were prepared in accordance with Indian Accounting Standard 34. A significant note highlights a potential understatement of provision by ₹82.82 crore related to the Anglo Coal case, with contingent liabilities overstated by the same amount due to a departure from accounting standards.