MSTC Ltd Share Price – NSE  / BSE

E-Commerce/App based Aggregator, Small Cap

MSTC has become L1 bidder for tender hosted by Coal India at GEM portal for Appointment of External Service Provider for conducting Linkage Auction for Non - Regulated sector (NRS) for three years.

MSTC will be responsible to provide whole gamut of associated services of NRS Linkage auction starting from conducting of auction to execution of agreement through MSTC platform for three years

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Under the agreement, MSTC will manage the entire gamut of associated services for NRS linkage auctions, starting from conducting the auction to execution of agreements through its digital platform. The mandate is valid for a period of three years.

The contract has been awarded by a domestic entity. The financial consideration or size of the order cannot be quantified at this stage, the company said.

MSTC clarified that neither its promoter nor promoter group has any interest in Coal India. The contract does not fall under related party transactions, it added.

MSTC?s (formerly known as Metal and Scrap Trading Corporation) core activity is diversified mainly into providing e-auction/e-procurement services and trading of bulk products like ferrous and non-ferrous scrap, coke, finished steel, coal and petroleum products.

Coal India is mainly engaged in mining and production of coal and also operates coal washeries. The major consumers of the company are the power and steel sectors. Consumers from other sectors include cement, fertilizers, and brick kilns. The scrip declined 1.50% to Rs 427.15 on the BSE.

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MSTC has fixed 18 February 2026 as record date for interim dividend of Rs 7.60 per equity share of Rs 10 each for FY 2025-26.

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MSTC announced that the Board of Directors of the Company at its meeting held on 11 February 2026, inter alia, have recommended the interim dividend of Rs 7.6 per equity Share (i.e. 76%) , subject to the approval of the shareholders.

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