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MMTC shares hit 10% lower circuit amid reports of likely shutdownMMTC used to be a canalising agency for exporting and importing high-grade iron ore, manganese ore, chrome ore, copra, and several other pr...
Kochi becomes first region in South India to sell Indian gold coinsTaking into account the high gold consumption in the state, MMTC has launched Indian gold coin in Kochi.
MMTC invites bids for sale of 1,000 tons imported onionsState-owned MMTC invited bids from local players for sale of 1,000 tonnes of imported onions in the domestic market. MMTC has imported onio...
OFS needs price discovery to avoid MMTC type fiasco: AnalystTwo crore MMTC shares were put on the block since the OFS, but only 2.36 lakh shares have changed hands so far.The share traded at a little...
MMTC share sale fully subscribed; govt gets Rs 567 crThe government garnered over Rs 567 crore with the MMTC stake sale getting over-subscribed by 1.33 times of the shares on offer today.
MMTC share sale subscribed 41%; stock down 10%The issue received bids for over 3.8 crore shares, or 41.25 per cent, of the 9.33 crore shares on offer at 1355 hours, according to data fr...
Govt to sell 9.33% stake in MMTC tomorrow, may get Rs 300 crThe group of ministers on disinvestment today cleared 9.33 per cent stake sale in MMTC through offer for sale which may fetch the exchequer...
MMTC stake sale likely on June 13; EGoM may meet tomorrowThe panel of ministers on disinvestment is likely to meet tomorrow to decide on the base price for MMTC stake sale.
- Government defers decision on MMTC stake sale till July
The stake sale, which was originally slated to take place in March, was then deferred until the April-June quarter on valuation concerns.
MMTC stake sale offer likely to hit markets this monthThe DoD is planning to launch this month or early May the 9.33 per cent stake sale in MMTC, which could fetch around Rs 300 crore to the ex...
EGoM defers MMTC stake sale on valuation concernsThe bankers proposed a certain valuation which was not acceptable to the EGoM, so the MMTC issue was deferred.
MMTC hits 52-week low ahead of its OFS on ThursdayMMTC Ltd slipped nearly 5 per cent in early morning trade to hit its 52-week low of Rs 281.25 on Tuesday, ahead of its share sale.
- EGoM to decide on MMTC stake sale floor price tomorrow
An inter-ministerial panel is likely to decide tomorrow the floor price for 9.33 per cent stake sale in MMTC, which can fetch around Rs 300...
MMTC hits 52-week low on govt’s stake sale plansThe EGoM is scheduled to meet on March 12 to decide on the floor price for the stake sale which is expected to rake in about Rs 300 crore.
- MMTC stake sale on March 14; could fetch Rs 300 cr
DoD has shortlisted three investment bankers - Avendus, IDBI Capital Market Services and IDFC - to manage the stake sale of the PSU.
- Stake sale in four PSUs: Full text of goverment policy approval
Giving a push to its ambitious disinvestment programme, the government today decided to sell its stake in four PSUs -- Hindustan Copper, Oi...
- MMTC to sell gold coins
MMTC Limited has drawn up ambitious plans to sell gold coins & has offered special discount at 0.5% on gold coins.
- MMTC invites bids for sale of 2,000 tonnes of pulses
Bids will close on May 20 and a decision on awarding the tender will be taken on the same day, MMTC said on its website.
- MMTC disinvestment likely this fiscal: Sharma
The government has said it is likely to dilute its stake in trading firm MMTC through a follow-on offer in the current fiscal.