MMTC LTD. - Outcome of Board Meeting

MMTC Ltd has informed BSE that the Board of Directors of the Company in its meeting held on September 11, 2015 has approved the proposal for sale of 10% of ICEX equity i.e. 5% each, to the two bidders who participated in the global tender against the present holding of 26% in ICEX by MMTC @ Rs. 10/- per share subject to the approval by the Govt. and Forward Markets Commission.