MMTC LTD. - Updates

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20 Jan 2016
With reference to the earlier communication dated September 21, 2015, MMTC Ltd has now informed BSE that pursuant to approval of the Board/Government, MMTC has divested its 10% equity stake in its JV Company i.e. M/s. Indian Commodity Exchange Ltd. amounting to Rs. 10 crores face value at a sum of Rs. 20 crores to the two bidders who participated in the Global Tender Process floated by the Company earlier. The necessary transfer of shares to the bidders took place on January 19, 2016. With this the Company has a stake of 16% in ICEX as on date.
View all announcements for MMTC LTD.	Source: BSE India

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