MSTC has informed that Engineers India has appointed the company as the Selling Agent as per the terms of Selling Agency Agreement entered by both the parties on January 15, 2020 for disposal of Movable/ immovable Items and all surplus Condemned/ Scrap/ Obsolete material and secondary arising (ferrous and non-ferrous) as well as equipment, plant, machineries, properties, precious metals and misc. Articles etc. through the company’s Auction website www.mstcecommerce.com. The Agreement will remain valid till either party terminates the agreement by giving advance notice of 3 months to the other party.
The above information is a part of company’s filings submitted to BSE.