MSTC Ltd - 542597 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that, Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India, has published advertisement in the prominent newspapers on 31.03.2022 inviting Global Expression of Interest (EOIs) from the Interest Bidders (IBs) for proposed strategic Disinvestment of entire equity shareholding in Ferro Scrap Nigam Limited (FSNL) - a 100% subsidiary of MSTC Ltd along with transfer of management control. Details are attached herewith.31-03-2022