MMTC Ltd


BSE: 513377 | NSE: MMTC | ISIN: INE123F01029 
Market Cap: [Rs.Cr.] 73,760 | Face Value: [Rs.] 1
Industry: Trading

 Discuss this stock

Board Meet

15-May-12 
MMTC Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 15, 2012, inter alia, to consider and take on record the Unaudited financial results of the Company for the quarter ended on March 31, 2012. MMTC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2012, has approved the fixation of May 25, 2012 as Cut-off Date for reckoning voting rights of shareholders for the purpose of Postal Ballot seeking consent of shareholders for increase in limits of investment in MMTC-PAMP India Pvt Ltd - a JV co-promoted by MMTC. (AsPer BSE Announcement Websute Dated on 15/05/2012) 
10-Feb-12 
MMTC Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on February 10, 2012, to consider and approve the following: 1. Unaudited Financial Results for the quarter ended on December 31, 2011. 2. Declaration of Interim Dividend for the Financial Year 2011-12. MMTC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 10, 2012, inter alia, has decided not to declare any interim dividend for the present. With reference to the earlier announcement dated February 02, 2012, regarding the Board of Directors shall be considering fixation of February 17, 2012 as Record Date for the purpose of payment of Interim Dividend if approved at the said meeting of Board of Directors scheduled to be held on February 10, 2012, MMTC Ltd has now informed BSE that the Board of Directors in its meeting held on February 10, 2012, have decided not to declare interim dividend for the year 2011-12 for the present. Accordingly, there shall be not be any Record Date on February 17, 2012, for the purpose as intimated earlier. (As Per BSE Announcement Website dated on 10.02.2012) 
12-Dec-11 
MMTC Ltd has informed BSE that Shri M. G. Gupta, ex-CGM(F&A)-I/c, the Company has taken, over the charge of Director(Finance) w.e.f. December 09, 2011 pursuant to office order dated the December 09, 2011 and approved by the Board of Directors in its meeting held on December 12, 2011. 
14-Nov-11 
MTC Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 14, 2011, to consider and take on record the unaudited financial results of the Company for the quarter ended on September 30, 2011 (Q2).  
20-Oct-11 
MMTC Ltd has informed BSE that pursuant to resignation submitted by Shri. S Krishnan, Part Time Non-Official Director subsequent to his appointment by the Govt. of India as Whole Time Chairperson of the Petroleum & Natural Gas Regulatory Board, New Delhi, the Board of Directors of the Company in its meeting held on October 20, 2011 has accepted his resignation w.e.f. October 18, 2011. 

AGM

30-Sep-11
MMTC Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 16, 2011 to September 30, 2011 (both days inclusive) for the purpose of Payment of Dividend & 48th Annual General Meeting (AGM) of the Company to be held on September 30, 2011. MMTC Ltd has informed BSE that the 48th Annual General Meeting (AGM) of the members of the will be held on September 30, 2011. (As Per BSE Announcement Dated on 14.09.2011) MMTC Ltd has informed BSE that the members at the 48th Annual General Meeting (AGM) of the Company held on September 30, 2011, inter alia, have approved all the businesses. 1. Adoption of the Audited Balance Sheet of the Company as on March 31, 2011 and the Profit & Loss A/c for the year ended on that date, together with Directors' Report and Auditors' Report thereon as also the Consolidated Accounts for the year ended March 31, 2011 and the Auditors' Report thereon. 2. Declaration of Dividend @ 25% on the paid up equity capital of the Company i.e. Rs. 100.00 Crores (Re. 0.25 per equity share) absorbing Rs. 25.00 crores out of the profits of the company for the year ended March 31, 2011. 3. Re-appointment of Smt. Aruna Makhan, Non-Official Part Time (Independent) Director retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 4. Re-appointment of Shri P. K. Chaudhery, Part Time Director retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 5. Re-appointment of Shri Anil Baijal, Non-official Part Time (Independent) Director retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 6. Re-appointment of Shri Ved Prakash, Director (Marketing) retiring by rotation at the meeting on the terms and conditions approved by the President of India from time to time. 7. Authorisation to the Board of Directors to fix remuneration, etc, payable to Statutory / Branch Auditors appointed by C&AG under section 619(2) of the Companies Act, 1956 for the financial year 2011-12. 8. Appointment of Smt. Vijaylaxmi Joshi as Chairman-cum-Managing Director on terms, conditions and tenure as determined by the President of India from time to time. 9. Appointment of Dr. Rajan Katoch as Part Time Director on terms, conditions and tenure as determined by the President of India from time to time. 10. Appointment of Shri Rajeev Jaideva as Whole Time Director (Personnel) on terms, conditions and tenure as determined by the President of India from time to time. 11. Appointment of Shri Anil Razdan as Part Time Non-Official (Independent) Director on terms, conditions and tenure as determined by the President of India from time to time. 12. Appointment of Shri S. Krishnan as Part Time Non-Official (Independent) Director on terms, conditions and tenure as determined by the President of India from time to time. 13. Appointment of Shri G. S. Vedi as Part Time Non-Official (Independent) Director on terms, conditions and tenure as determined by the President of India from time to time. 14. Appointment of Shri Arun Balakrishnan as Part Time Non-Official (Independent) Director on terms, conditions and tenure as determined by the President of India from time to time. (AS Per BSE Announcement Website dated on 09.11.2011) 
21-Sep-10
MMTC Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 10, 2010 to September 21, 2010 (both days inclusive) for the purpose of 47th Annual General Meeting (AGM) of the Company to be held on September 21, 2010. MMTC Ltd has informed BSE that the members at the 47th Annual General Meeting (AGM) of the Company held on September 21, 2010, inter alia, have accorded to the following: 1. Adoption of the Audited Balance Sheet of the Company as on March 31, 2010 and the Profit & Loss A/c for the year ended on that date, together With Directors Report and Auditors Report thereon as also the Consolidated Accounts for the year ended March 31, 2010 and the Auditors Report thereon. 2. Declaration of Dividend @ 45% on the enhanced equity capital post bonus issue of the Company i.e. Rs. 100.00 Crores (Rs. 0.45 per equity share) absorbing Rs.45.00 crores out of the profits of the Company for the year ended March 31, 2010. 3. Reappointment of Shri. Sunir Khurana, Whole Time Director (Marketing) retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 4. Reappointment of Dr. S Behuria, Part Time Director retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 5. Reappointment of Shri. Anil Bajjal, Non-official Part Time Director (Independent) Director retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 6. Reappointment of Shri. Hira Lal Zutshi, Non-official Part Time Director retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 7. Authorisation to the Board of Directors to fix remuneration, etc, payable to Statutory / Branch Auditors appointed by C&AG under section 619(2) of the Companies Act, 1956 for the financial year 2010-11. 8. Appointment of Shri. P K Chaudhery as part time Director on terms, conditions and tenure as determined by the President of India from time to time. 9. Appointment of Shri. Ved Prakash as Whole Time Director (Marketing) on terms, conditions and tenure as determined by the President of India from time to time. (As Per BSE Announcement Dated on 21.09.2010) 
30-Sep-09
MMTC Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 19, 2009 to September 30, 2009 (both days inclusive) for the purpose of 46th Annual General Meeting (AGM) of the Company to be held on September 30, 2009. MMTC Ltd has informed BSE that the 46th Annual General Meeting (AGM) of the members of the Company will be held on September 30, 2009, inter alia, to transact the following business: 1. To receive, consider and adopt the Audited Balance Sheet as at March 31, 2009, Profit and Loss Account for the year ended March 31, 2009, Report of Board of Directors, Statutory Auditors' Report and the Comments thereupon of Comptroller & Auditor General of India. 2. To declare dividend on equity share capital for the financial year ended March 31, 2009. The Board has recommended a total dividend of 80% on the paid up equity capital of the Company for the year ended March 31, 2009 which includes interim dividend of 40% already paid in March 2009. 3. To re-appoint Shri. H. S. Mann, Director (Marketing) who retires by rotation at the AGM, as Whole Time Director (Marketing) of the Company on the same terms & conditions as approved by the President of India. Being eligible, he has offered himself for re-appointment as Whole Time Director(Marketing). 4. To re-appoint Shri. A. Mahapatra, Director (Personnel) who retires by rotation at the AGM, as a Whole Time Director (Personnel) of the company on the same terms & conditions as approved by the President of India. Being eligible, he has offered himself for re-appointment as Whole Time Director (Personnel). 5. To re-appoint Shri. A. R. Goyal, Director (Marketing) who retires by rotation at the AGM, as a Whole Time Director (Marketing) of the Company on the same terms & conditions as approved by the President of India. Being eligible, he has offered himself for re-appointment as Whole Time Director(Marketing). 6. To re-appoint Shri. A. Gopalan, Part Time Director who retires by rotation at the AGM, as Part Time Director of the company on the same terms & conditions as approved by the President of India. Being eligible, he has offered himself for re-appointment as Part Time Director. 7. To authorize Board of Directors of the company in terms of the provisions of Section 224(8)(aa) of Companies Act, 1956 to fix remuneration of the Statutory/Branch Auditors of the company appointed by Comptroller & Auditor General of India u/s 619 of the Companies Act, 1956 for the financial year 2009-10. 8. To appoint Shri. Anil Baijal, Smt. Aruna Makhan & Shri. Hira Lal Zutshi as Part Time Non-official (Independent) Directors of the Company on remuneration, terms & conditions. 9. To continue keeping Register & Index of Members and copies of all Annual Returns prepared under Section 159 & 160 of Companies Act, 1956 together with the copies of certificates and documents required to be annexed thereto and any other permitted document/register/return, etc. at any of the offices of Company's Registrars and Share Transfer Agent, viz., M/s. MCS Ltd, located in NCR of Delhi, subject to necessary provisions & approvals. (As per BSE Announcement Dated on 15.09.2009) MMTC Ltd has informed BSE that the members at the 46th Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have accorded to the following: 1. Adoption of the audited Balance Sheet of the Company as on March 31, 2009 and the Profit & Loss A/c for the year ended on that date, together with Directors Report and Statutory Auditors Report and comments of C&AG thereon as also the Consolidated Accounts for the year ended March 31, 2009 and Statutory Auditors Report thereon. 2. Declaration of a final Dividend @40% i.e. Rs. 4.00 per share (making with the interim dividend of 40% already paid to the shareholders in March 2009 a total of 80% for the year) to those shareholders whose names appear on the Companys Register of Members as on cut off date i.e. September 18, 2009. 3. Reappointment of Shri. H S Mann & Shri. A R Goyal, Whole Time Directors (Marketing) retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 4. Reappointment of Shri. A Mahapatra, Whole Time Director (Personnel) retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 5. Reappointment of Shri. R Gopalan, Part Time Director retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 6. Authorisation to the Board of Directors to fix remuneration, etc, payable to Statutory / Joint / Branch Auditors appointed by C&AG under section 619(2) of the Companies Act 1956 for the financial year 2009-10. 7. Appointment of Shri. Anil Baijal as non-official part time(independent) Director on terms & conditions and tenure as determined by the President of India from time to time. 8. Appointment of Smt. Aruna Makhan as non-official part time (independent) Director on terms & conditions and tenure as determined by the President of India from time to time. 9. Appointment of Shri. Hira Lal Zutshi as non-official part time(independent) Director on terms & conditions and tenure as determined by the President of India from time to time. 10. Approved to continue keeping Register & Index of Members and copies of all Annual Returns prepared under Section 159 & 160 of Companies Act, 1956 together with the copies of certificates and documents required to be annexed thereto and any other permitted document / register / return, etc. at any of the offices of Companys Registrars and Share transfer Agent, viz., M/s. MCS Ltd, located in NCR of Delhi. (As Per BSE Announcement Website dated on 09.10.2009) 
30-Sep-08
MMTC Ltd has informed BSE that the 45th Annual General Meeting (AGM) of the Company will be held on September 30, 2008. MMTC Ltd has informed BSE that the members at the 45th Annual General Meeting (AGM) of the Company held on September 30, 2008, inter alia, have duly approved the following businesses: 1. Adoption of the audited Balance Sheet, of the Company as on March 31, 2008 a the Profit & Loss A/c for the year ended on that date, together with Directors Report and the Auditors' Report thereon as also the Consolidated Accounts for the year ended March 31, 2008 and Auditors' Report thereon. 2. Declaration of a final Dividend @ 55% i.e. Rs 5.50 per share (making with the interim dividend of 35% already paid to the shareholders on February 25, 2008 a total of 90% for the year) to those shareholders whose names appear on the Company's Register of Members as on the date of book closure. 3. Re-appointment of Shri. Sunir Khurana, Whole Time Director (Marketing) retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 4. Re-appointment of Shri. S K Kar, Whole Time Director (Finance) retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 5. Re-appointment of Dr. S Behuria, Part Time Director retiring by rotation at this meeting on the terms and conditions approved by the President of India from time to time. 6. Authorisation to the Board of Directors to fix remuneration, etc, payable to Statutory /Joint / Branch Auditors to be appointed by C&AG under section 619(2) of the Companies Act 1956 for the financial year 2008-09. (As Per BSE Announcement Dated on 01/10/2008) 
27-Sep-07
A.G.M 27/09/2007 MMTC Ltd has informed BSE that the members at the 44th Annual General Meeting (AGM) of the Company held on September 27, 2007, inter alia, have accorded to the following: 1. Adoption of the Audited Balance Sheet of the Company as on March 31, 2007 and the Profit & Loss A/c for the year ended on that date, together with Directors Report and the Auditors Reports thereon as also the Consolidated Accounts for the year ended March 31, 2007 and Auditors Report thereon. 2. Declaration of a final dividend @ 25% i.e. Rs 2.50 per share absorbing Rs 12.50 crores (making with the interim dividend of 25% already paid to the shareholders on March 30, 2007 which is hereby confirmed, a total of 50% for the year) for the year ended March 31, 2007 on the equity shares of the Company. 3. (i) Appointment of Shri. Sanjeev Batra as Chairman and Managing Director with effect from August 01, 2006 and Shri. Sunir Khurana as a Whole Time of Director (Marketing) with effect from May 07, 2007, Dr. S Behuria, AS & FA , Department of Commerce, MOC&I with effect from May 21, 2007 and Shri. R Gopalan, Additional Secretary, Department of Commerce, MOC&I as Part Time Director w.e.f. June 08, 2007, on the terms & conditions approved by the President of India from time to time be and are hereby ratified.10 (ii) Shri. Adarsh R Goyal, Shri. A Mahapatra and Shri. H S Mann, Whole Time Directors retiring by rotation at this meeting and being eligible and having offered themselves for re-appointment, be and are hereby re-appointed as Whole Time Directors on the terms and conditions approved by the President of India from time to time. 4. Authority to Board to fix remuneration, etc, payable to Statutory / Joint / Branch Auditors to be appointed by C&AG for the financial year 2007-08. (As Per BSE Announcement Website Dated on 01/11/2007) 

EGM

20-Jul-10
MMTC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 29, 2010, inter alia, have : Approved to obtain consent of the members of the Company for convening of an Extraordinary General Meeting, at a shorter period of notice as per Section 171 of the Companies Act 1956, on July 20, 2010. MMTC Ltd has informed BSE that it has been decided to fix 'July 30, 2010' as the 'Record Date' for ascertaining the entitlement of Shareholders eligible for the split at equity shares of the Company from 1 equity share of Rs. 10/- each to 10 equity shares of Re 1/- each and Issue of Bonus Shares in the ratio of 1 (One) Bonus Share for each fully paid Equity Shares (i.e. 1:1 ratio) of the Company, which has been duly approved by the Shareholders in the Extra-ordinary General Meeting held on July 20, 2010. (As Per BSE Announcement Dated on 20.07.2010) MMTC Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on July 20, 2010, inter alia, have accorded to the following: 1. Accorded approval for sub-dividing the equity shares of the Company, so that each existing equity share of the Company of the face value of Rs. 10/- each be sub-divided into 10 equity shares of the face value Re. 1/- each and consequential amendment in the Memorandum & Articles of Association of the Company. 2. Approved to capitalise & utilize a sum of Rs. 50,00,00,000/- out of the sum standing to the credit of General Reserve account of the Company, for allotment of 50,00,00,000 equity shares for every 50,00,00,000 eligible existing fully paid (sub-divided) equity shares of Re. 1/- each, held by the members for distribution to and amongst the members of the Company whose names appear in the Register of Members or as the beneficial owner(s) of the equity shares of the Company, in the records of the Depositories, at the close of business on such date ('the Record Date') to be hereafter fixed by the Board, and/ or any Committee thereof or any of the persons delegated for the same and on the basis and that the Bonus Shares so distributed shall, for all purposes, be treated as an increase in the nominal amount in the Capital of the Company, held by each such member and not as income, subject to necessary provisions and approvals. (As Per BSE Announcement Website dated on 06.08.2010) 
28-Mar-06
EGM 28/03/2006 EGM 28/03/2006 To consider inter alia the following business: 1. Alteration in Articles of Association of the Company. 2. For investing a sum not exceeding Rs 380 million for subscribing / acquiring equity shares of M/s Free Trade Warehousing Pvt Ltd, New Delhi for setting up Free Trade and Warehousing Zones at Greater Noida & Kandla, ensuring that Company's equity in the said Company does not exceed 26% of the paid up equity capital of M/s Free Trade Warehousing Pvt Ltd, New Delhi, subject to necessary approvals & provisions. (As per BSE Bulletin dated on 06/03/2006) The company has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 28, 2006, inter alia, have accorded to the following: 1. Alteration in Articles of Association of the Company. 2. For investing a sum not exceeding Rs 380 million for subscribing / acquiring equity shares of M/s. Free Trade Warehousing Pvt Ltd, New Delhi for setting up Free Trade and Warehousing Zones at Greater Noida & Kandla, ensuring that the Company's equity in the said Company does not exceed 26% of the paid up equity capital of M/s. Free Trade Warehousing Pvt Ltd, New Delhi, subject to necessary approvals & provisions. (As per BSE Bulletin dated on 05/04/2006) 
10-Mar-04
The company has informed that it has fixed 08.03.2004 as Record Date for determining the eligibility of the shareholders to attend the EGM to be held on 10.03.2004. EGM 10/03/2004 Alteration in the object clause of MoA. (As per BSE Bulletin dated on 06/02/2004) The company has informed that at the EGM of the company held on 10/03/2004, members have approved to amendthe object clause of the MOA of the company to engage, organise, undertake and carry on in domestic and global markets, trading of all goods and commodities including provision of services through postal ballot. (As per BSE Bulletin dated on 19/03/2004) 
22-May-03
In the EGM of the company held on 22.05.2003 the shareholders of the company have approved for not surrendering the 6.75% Tax Free Bonds issued / to be issued by Unit Trust of India upon conversion of face value @ Rs 10/- each of 55747345 units held by the company under US64 Scheme of Unit Trust of India, for encashment / redemption on or before 31.05.2003 or the date as extended by Unit Trust of India.  
18-Jan-02
At the EGM of the company held on 18.01.02 members have approved the proposed capital reduction scheme as approved by the Board of Directors.  

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
MMTC 73,760.00 0.00 53.53 159.36 9.1 8.1 4.22
Adani Enterp. 26,664.65 73.25 2.67 208.10 5.4 4.9 0.35
3M India 4,103.24 57.54 7.61 22.43 20.2 30.1 0.01
Sh.Global Trad. 1,980.37 0.00 6.81 0.00 0.0 0.0 0.00
PTC India 1,595.79 12.88 0.73 8.68 6.5 9.3 0.00
S T C 1,476.90 50.75 2.17 8.63 8.5 9.8 3.04
Rain Commodities 1,250.72 181.50 3.35 30.14 7.6 5.9 1.00
Vaarad Vent. 849.66 0.00 28.81 0.00 4.8 5.5 0.11
Ushdev Intl. 835.37 19.89 2.76 8.20 14.5 25.0 0.91
Veritas (India) 573.54 109.72 7.01 108.10 2.8 6.5 0.12
Aegis Logistics 434.20 9.65 1.64 15.44 13.9 17.4 0.31
KGN Industries 400.50 450.00 6.59 0.00 0.9 1.6 0.00
U B Holdings 383.55 49.48 0.26 11.87 2.8 9.2 1.10
Visagar Polytex 325.87 422.77 20.05 132.71 8.7 11.0 0.29
Steel Exchange 281.10 13.51 1.70 5.49 10.3 16.7 1.73

Futures & Options Quote

 
Expiry Date
NA
Instrument: NA
Expiry Date: NA
Strike Price: NA
Open Price: NA
Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
View detailed F& O quotes >>

Key Information

Key Executives:

Sunir Khurana , Director (Marketing) 

Anil Baijal , Part Time Non Official Ind.Dir 

Aruna Makhan , Part Time Non Official Ind.Dir 

H L Zutshi , Part Time Non Official Ind.Dir 


Company Head Office / Quarters:
Core - 1 Scope Complex,
7 Institutional Area Lodhi Rd,
New Delhi,
New Delhi-110003
Phone : 91-11-24362200/1889
Fax : 91-11-24366675/0724
E-mail :
mbalwani@mmtclimited.com
mmtc@mmtclimited.com
Web : http://www.mmtclimited.com
Registrars:
MCS Ltd
F-65 1st Floor
Okhla Industrial Are
Phase-I
New Delhi-110020

Fund Holding


Calendar

May-2012
M T W T F S S
21 22 23 24 25 26 27
IPO
listNo IPO today
Economic Events
list U. of Michigan Confidence
list Italian Hourly Wages (MoM)
Results
list Reliance Infra. | Crompton Greaves | ITC | Guj Fluorochem