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MSTC Limited
 
 
 

Last Updated on March 5, 2021

 

Implementing Partners

    Not Available
 
 
 

Thematic Areas

  • Preventive Healthcare, Water and Sanitation
  • Education, Employability and Livelihoods Enhancement
  • Heritage conservation, Promoting Art, Craft and Culture, Public Libraries
  • Promoting national and rural sports, Paralympic, Olympic sports
  • Contribution to Central Government Fund
  • Others
 
 
 
 
 

MSTC Limited

Mazda House, 650/1 Panchwati 2nd Lane, Ambawadi, Ahmedabad , Gujarat
 

Sector : Miscellaneous

International Origin : No

Company Type: Exchange Listed (BSE,NSE)

 
 

CSR Financial Details (INR Cr.)

Year
Actual CSR
Prescribed CSR
2019-2020
0.54 Cr
0.00 Cr
2018-2019
2.00 Cr
2.00 Cr
2017-2018
2.15 Cr
2.14 Cr
View all
 


Financial Insights

Although the Company incurred heavy loss in previous financial year 2018-19, the Company has contributed INR 0.54 Cr towards CSR in financial year 2019-20.

 

About the company

MSTC Limited is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India. The Company was incorporated as “Metal Scrap Trade Corporation Limited”, under the provisions of the Companies Act, 1956 on September 9, 1964 at Kolkata. The Company was granted the certificate of commencement of business on April 12, 1965 by the RoC. Subsequently, the name of the Company was changed to “MSTC Limited” pursuant to the special resolution passed by the Shareholders in the general meeting held on September 26, 1994 and a fresh certificate of incorporation consequent upon such change of name was issued by the RoC on November 9, 1994.

The Company was incorporated to deal in export of ferrous scrap. The Company became a subsidiary of SAIL on August 22, 1973 to act as a canalizing agent of the GoI for the import of metal scrap. Thereafter, on May 21, 1982 The Company became an independent GoI company upon acquisition of the shares of SAIL by the Selling Shareholder. Since its incorporation till the decanalisation of metal scrap by the GoI in 1992, the Company was mainly engaged in import of metal scrap as a canalising agency of the GoI. After the decanalisation, the Company had decided to diversify their business and emerge as a multi-product and a multi-functional organization.

 

Headquarter and Plant/Office Locations

Headquarter: Ahmedabad-Gujarat
 
Plant/Office Locations: Ahmedabad-Gujarat,
 

CSR projects of the company

 
 
 

 
 

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