Report on the request of re-lodgement of transfer of physical shares in accordance with SEBI circular no. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025
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Modern Steels Ltd has submitted a compliance report to BSE regarding physical share transfer re-lodgement requests, as required by SEBI circular dated July 2, 2025. The Registrar and Transfer Agent (MCS Share Transfer Agent Limited) reported that during the period December 7, 2025 to January 6, 2026, the company received 2 requests for re-lodging physical share transfers. Both requests were processed within an average of 10 days, but none were approved — all 2 were rejected. The filing is a routine regulatory disclosure under SEBI's special window allowing shareholders to re-submit older physical share transfer requests.
This is a routine compliance filing with negligible market impact. The very small number of requests (2 received, 2 rejected) and zero approvals indicate no meaningful change in shareholder base or capital structure.