MMP Industries : Agreements/Contracts/Arrangements/ MOU's PARA A
June 27, 2022 at 07:35 am
Share
THROUGH ONLINE FILING
Ref. No.: MMPIL / NSE / 2022-23/25
Monday, the 27 day of June 2022
The Manager, Listing Department,
National Stock Exchange of India Limited
"Exchange Plaza", C - 1, Block G,
Bandra -Kurla Complex, Bandra(East),
Mumbai- 400051 MH IN
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)
Entering into Agreement with Ernst & Young LLP- Investor Relation Agency
Ref: NSE Script Code - MMP
Dear Sir / Madam,
Pursuant to Regulation 30 of Listing Regulations, this is to inform the Company has entered into Investor Relations Support Service Agreement on 27th June 2022 with Ernst & Young LLP for providing Investor Relations Support Services.
The requisite details in terms of Regulation 30 of Listing Regulations are as under:
1 Name(s) of parties with whom the
Ernst & Young LLP
agreement is entered
Purpose of entering into the To provide general investor relations services to support
agreement
the Company's positioning in Capital Market
3 Shareholding, if any, in the entity
with whom the agreement is
Nil
executed
4. Significant terms of the agreement (in brief) special rights like right to
appoint directors, first right to
share
subscription
in
case
of
No
issuance of shares, right to restrict
any change in capital structure,
etc.
5. Whether,
the
said
parties
are
related
to
promoter/promoter
group/
group
companies
in
any
No
manner.
If
yes,
nature
of
relationship
Whether the transaction would fall
within related party transactions?
No
If yes, whether the same is done at
1
"arm's length";
In case of issuance of shares to the
parties, details of issue price, class
Not Applicable
of shares issued;
8 Any other disclosures related to
such agreements, viz., details of
nominee on the board of directors
Nil
of the listed entity, potential
conflict of interest arising out of
such agreements, etc.
9
In case of termination or
amendment
of
agreement,
listed
entity shall
disclose additional
details to the stock exchange(s):
a)
Name of parties to the
agreement;
Not Applicable
b)
Nature of the agreement;
c)
Date of execution of the
agreement;
d)
Details
of
amendment
and
impact thereof or reasons of
termination and impact thereof.
You are therefore, kindly requested to place the aforesaid information on records
Sincerely,
For MMP Industries Limited
…………………………..
CS Rakesh M. Kanzode Company Secretary
2
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MMP Industries Ltd. published this content on 27 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2022 11:34:06 UTC.
MMP Industries Limited is an India-based company. The Company is primarily engaged in the business of manufacturing, selling, distribution and trading of aluminum powder, aluminum pyro and flake powder, aluminum paste, aluminum conductor and aluminum foils. The Company also engaged in trading and manufacturing of manganese monoxide (MnO) and manganese dioxide (MnO2) powder. The Company operates through four segments: Aluminum Powder and Pastes, Aluminum Foils, Aluminum Conductors, and Others. Its Aluminum Powders and Pastes segment includes aluminum powder, aluminum pastes, and atomized powders. Its Others segment includes manganese oxide / dioxide, washers, circlips and coals. The Companyâs aluminum powder is used as industrial raw materials in applications like explosives, fireworks, pesticides, aerated concrete, refractories, thermit welding, plastic masterbatches and ammunition. Its aluminum foils are used in the pharma industry and domestic packaging.