MSTC Limited announced that an Agreement has been signed between MSTC Limited and Uttar Pradesh Financial Corporation(UPFC) whereas MSTC has been engaged by UPFC as selling agents for selling of assets owned by UPFC as well as the stressed assets of its finance assisted units which have now become defaulting industrial concerns through E-tender-cum-E-Auction on MSTC's website. The agreement shall remain valid till either party terminates it by giving advance written notice of 3(three) months to the other party for reasons to be furnished.