English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksMMTC up 6.5%, to sell 10% of ICEX equity to 2 bidders

    MMTC up 6.5%, to sell 10% of ICEX equity to 2 bidders

    Shares of MMTC gained 6.5 percent intraday Tuesday post the company has approved the proposal for sale of 10 percent of ICEX equity.

    September 22, 2015 / 13:09 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      Moneycontrol BureauShares of MMTC gained 6.5 percent intraday Tuesday as the company has approved proposal for sale of 10 percent of Indian Commodity Exchange (ICEX) equity i.e. 5 percent each, to the two bidders who participated in the global tender, subject to the approval by the government and forward markets commission.The company's present holding is 26 percent in ICEX at Rs 10 per share.The 52nd Annual General Meeting (AGM) of the company will be held on September 29, 2015.At 09:36 hrs MMTC was quoting at Rs 44.55, up Rs 2.35, or 5.57 percent on the BSE.Posted by Rakesh Patil

      first published: Sep 22, 2015 09:46 am

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347