MMTC Limited has officially announced a transition in its leadership. As of April 28, 2026, the term of Shri Asit Gopal as the Government Nominee Director has concluded. The company has appointed Ms. Nigar Fatima Husain, an Additional Secretary and Financial Advisor at the Ministry of Commerce and Industry, as his successor. This strategic board update follows an official order from the Government of India.
Leadership Transition
MMTC Limited has confirmed that Shri Asit Gopal has stepped down from his position as the Government Nominee Director, effective April 28, 2026. The company has acknowledged his tenure and the formal conclusion of his responsibilities on the Board.
New Board Appointment
In a move to ensure continued strategic oversight, Ms. Nigar Fatima Husain has been appointed as the new Government Nominee Director. Ms. Husain currently serves as the Additional Secretary & Financial Advisor within the Ministry of Commerce and Industry. Her appointment to the MMTC Board comes with immediate effect, as per the order issued by the Government of India on April 28, 2026.
Next Steps
The company is currently finalizing the necessary administrative and legal documentation regarding this transition. Further updates will be provided to the market once all procedural requirements related to the new appointment have been completed.
Source: BSE
