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Neutral impactCorporate Action

MMTC Limited — Cessation

NSE 1 hr ago·3 Aug 2026, 5:54 am

Mmtc

MMTC Limited has announced the resignation of Shri Nabarun Nayak, who served as a Non-Executive Independent Director. His tenure concluded on August 2, 2026, as per the company's filing with the stock exchange. This is a routine corporate governance event involving the departure of an independent director.

This development is a standard administrative update and does not signal any operational changes or strategic shifts within the company. For investors, it is important to note that the board will likely appoint a replacement to maintain its statutory composition and oversight functions. The company's core business activities remain unaffected by this personnel change.