MMTC Limited: Status of Physical Share Re-lodgment Requests Shared for June 2026
MCS Share Transfer Agent Limited has released a detailed status report regarding requests received from shareholders for the re-lodgment of physical share transfers for MMTC Limited during June 2026. The report outlines the processing metrics and provides specifics concerning the rejection of all received requests, processed under a designated special window.The operational data indicates that out of 458 requests received in June, all 458 were processed by the transfer agent. However, zero requests were approved during the period. The average time taken for the processing of these re-lodgment requests was 10 days.
Key statistics from MCS Share Transfer Agent Limited concerning the physical share transfer process are detailed below:
| Metric | Value |
|---|---|
| Total Requests Received (June) | 458 |
| Requests Processed (June) | 458 |
| Requests Approved (June) | 0 |
| Requests Rejected (June) | 458 |
| Average Processing Time for Requests | 10 Days |
The transfer agent confirmed that all received requests were rejected. The rejection applied to a specific group of shareholders, including Sunita Gupta, Pushpa Gupta, Suresh Kumar Gupta, Moon Garg, Vikas Gupta, Jai Kishan Gupta, Sanjeev Gupta, Chanchal Gupta, Anju Gupta, Manju Gupta, and Kavita Goel, with the purchaser identified as Sanjeev Gupta.
The rejection for all 458 requests was attributed to several critical missing documentation requirements. The specific reasons cited included:
- A difference in the signature of the Transferor.
- Requirement of ISR 2 attested by a Bank Manager along with PAN, Aadhar, and Cancelled cheque.
- Need for Purchase Proof, if available.
- Mandatory submission of the Demat Conversion Request form Annexure Aa & Ad as per NSDL / and Annexure 1.4 for CDSL.
MMTC Stock Price Movement
Shares of MMTC Limited shed value today, slipping 1.10% to settle at ₹66.26. The equity saw a trading volume of roughly 1.25 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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