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MSTC informs about outcome of board meeting

27 Dec 2021 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, MSTC has informed that the Board of Directors of MSTC at its meeting held today i.e., 27th December, 2021 considered and approved the following business: The Board of Directors has approved investment by way of equity share capital contribution of Rs 60 Millions in its Joint Venture Company, Mahindra MSTC (MMRPL) for expansion of Recycling and Vehicle Scrapping business; The Board of Directors in its aforesaid Meeting has also reconstituted the Audit Committee, Nomination & Remuneration Committee, Corporate Social Responsibility Committee, Stakeholder's Relationship Committee and Risk Management Committee. The details of the same is attached.

The above information is a part of company’s filings submitted to BSE.

MSTC Share Price

472.05 -2.45 (-0.52%)
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