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MMTC plan for retail sale of gold not a collective scheme:SEBI

Last Updated: Tuesday, January 21, 2014, 18:27

MMTC, along with Swiss firm PAMP plans to sell gold to retail customers through the JV -- MMTC-PAMP India Pvt Ltd.

MMTC stake sale tomorrow; floor price fixed at Rs 60/share

Last Updated: Wednesday, June 12, 2013, 18:07

The government has decided to sell 9.33 percent stake in MMTC Thursday and has fixed the floor price at Rs 60 apiece, which will fetch the exchequer about Rs 600 crore.

MMTC shares gain nearly 3% on BSE ahead of stake sale

Last Updated: Wednesday, June 12, 2013, 17:49

Shares of MMTC on Wednesday gained nearly 3 percent on the BSE, outperforming a weak stock market ahead of the company's stake sale through offer for sale Thursday.

MMTC stake sale likely on June 13; EGoM may meet tomorrow

Last Updated: Tuesday, June 11, 2013, 20:14

"The EGoM is scheduled to meet tomorrow to derive at the base price for divesting 9.33 percent stake in MMaTC," an official said.

Govt defers decision on MMTC stake sale till July

Last Updated: Tuesday, May 14, 2013, 18:42

The stake sale, which was originally slated to take place in March, was then deferred until the April-June quarter on valuation concerns.

MMTC pares early losses; surges over 7% as stake sale deferred

Last Updated: Tuesday, March 12, 2013, 14:33

Erasing early losses, shares of MMTC jumped over 7 percent in the afternoon trade Tuesday as the company's stake sale got deferred on concerns over valuation of equity.

EGoM defers MMTC stake sale on valuation concerns

Last Updated: Tuesday, March 12, 2013, 14:00

An inter-ministerial panel on Tuesday deferred government's 9.33 percent stake sale in the state- owned trading company MMTC on concerns over valuation of the company's equity.

Govt shortlists 3 merchant bankers for MMTC stake sale

Last Updated: Sunday, January 20, 2013, 11:38

The Department of Disinvestment (DoD) has shortlisted three investment bankers -- Avendus, IDBI Capital Market Services and IDFC -- to manage the stake sale of the PSU.