MMTC Ltd
MMTC Ltd Company History
MMTC are export of Minerals and import of Precious Metals, Non-ferrous metals, Fertilizers, Agro Products, coal and hydrocarbon etc.
2002
MMTC board has approved for Capital Reduction Scheme to ensure transfer of Rs.15cr to the government
MMTC has opened a new outlet at Thiruvananthapuram - a duty free business.
MMTC has signed a Memorandum of Understanding with the department of commerce
setting an turnover target of Rs.6780crs.
MMTC has unveiled a new line of silverware, Sanchi-Silver in Style.
2002
2003
MMTC Ltd recorded a 38% growth in its export of minerals and metals during the first three quarters of the current fiscal.
MMTC Ltd, which holds the golden super star trading house status, has successfully penetrated the Chinese market for the mineral ores.
MMTC files application with Central Government Industrial Disputes Act 1947, seeking
permission for closure of 'Mica Division of MMTC Ltd.'
MMTC Ltd has acquired Rs.800cr deal from Japanese and South Korean companies
for the supply of iron ore.
MMTC's joint venture with the Orissa government - Neelchal Ispat Nigam Ltd. has emerged as the second largest exporter of pig iron from the country.
2003
2004
MMTC, Ennore Port together to set up iron ore facility
2004
2005
MMTC wins 4 gold medals for exports
MMTC Vizag office reports 135-pc rise in turnover
2005
2006
MMTC mulls to set up 50 MW wind plant
MMTC enters into LTA with Japanese, Korean and Chinese steel mills
2006
2007
MMTC Ltd has informed that in pursuance of communication dated the May 07, 2007 from Ministry of Commerce & Industry, Department of Commerce, Govt. of India, Shri. Sunir Khurana has assumed the charge of Director (Marketing) of the Company on May 07, 2007.
2007
2008
MMTC has signed a pact with Swiss metal company PAMP to set up a gold refinery in Sohna, Haryana.
MMTC Wins D & B Top Ranking Corporate Award in Trading Sector For 2007.
MMTC signs agreement with Swiss firm for gold refinery.
2008
2009
MMTC records highest ever trade turnover, pays 40% finanl dividend for 2008-2009.
MMTC pulls out of Maytas SEZ project
2009
2010
Company has recommended a Dividend @ 90% on the paid up equity capital
MMTC has given the Bonus in the Ratio of 1:1
Company has splits its Face value of Shares from Rs 10 to Re 1
2010
2011
Company has recommended a Dividend @ 25% on the paid up equity capital
2011
2012
Company has recommended a Dividend @ 25% on the paid up equity capital
2012
2013
Most Caring Companies Award' received for Global CSR Excellence presented by the World CSR Congress.
Recognition for being one of the 30 Most Talented HR Leaders in PSUs & HR Leadership Award presented by the Institute of Public Enterprise (IPE).
2013
2014
Inauguration of Assaying Centre at MMTC
2014
2015
MMTC Ltd. - MMTC to supply Imported Coal to CIL & APPDCL
2015
2016
MMTC Ltd. has been awarded the Star Performer Award for year 2014-15 in the product group - Basic Iron and Steel (Large Enterprise) by the Engineering Export Promotion Council.
2016
2017
MMTCs joint venture company Neelachal Ispat Nigam Limited (NINL) has signed mining lease agreement for iron ore.
2017
