back-office Open An Account
partner-with-us Partner with Us
Corporate Actions
MSTC wins CPCB deal to build EPR certificate trading platform

13-Sep-25   10:16 Hrs IST

The contract, awarded by a domestic entity, mandates MSTC to build the digital infrastructure in line with CPCB's functional and regulatory frameworks. The platform is expected to serve as a national-level digital marketplace for trading EPR certificates, a key initiative under India's evolving environmental compliance landscape.

As per the terms, MSTC will be responsible for ensuring seamless execution of the platform, covering end-to-end technological and operational support. The period of engagement will be governed by the conditions stipulated in the letter of award (LoA).

The revenue model for MSTC under this contract is based on commission earned from the volume of EPR certificates traded on the platform. However, the financial consideration or the total value of the contract has not been quantified at this stage.

It has been confirmed that the promoter, promoter group, or group companies of MSTC do not hold any interest in the awarding entity. Furthermore, the transaction does not qualify as a related party transaction and is deemed to be conducted at arm's length.

MSTC's (formerly known as Metal and Scrap Trading Corporation) core activity of the company 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.

The company's consolidated net profit rose 7.8% to Rs 42.34 crore on 12.2% increase in revenue from operations to Rs 77.43 crore in Q1 FY26 over Q1 FY25.

Shares of MSTC fell 1.95% to settle at Rs 527.25 on the BSE.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.