Bihar sponge iron Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations 2018. The certificate covers the quarter ended 31st March, 2026, and was filed on 8th April, 2026.

Regulatory Compliance Details

The certificate was prepared and issued by M/s. Beetal Financial & Computer Services (P) Ltd., which serves as the company's SEBI-approved registrar and share transfer agent. Beetal Financial holds SEBI registration number INR 000000262 as a category I registrar and share transfer agent.

Certificate Confirmations

The compliance certificate confirms several key regulatory requirements were met during the quarter. Beetal Financial confirmed that all securities received from depository participants for dematerialization during March 2026 were properly processed and confirmed to the depositories.

The registrar also verified that:

• Securities comprised in dematerialization certificates have been listed on stock exchanges where previously issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners within the mandatory 15-day timeline

Corporate Information

Bihar Sponge Iron Limited operates from its registered office and plant located at Umesh Nagar, Chandil-832401, in Saraikela-Kharsawan district of Jharkhand. The company secretary and compliance officer, Vimal Prasad Gupta (FCS 6380), signed the submission to BSE Limited.

Filing Process

The certificate was initially prepared by Beetal Financial on 3rd April, 2026, and subsequently forwarded by Bihar Sponge Iron Limited to BSE Limited on 8th April, 2026. This quarterly filing is mandatory under SEBI regulations to ensure transparency in dematerialization processes and maintain investor protection standards.

The submission references multiple regulatory circulars, including NSDL/CIR/II/5/2019 dated 25/01/2019, CDSL/OPS/RTA/POLCY/2019/14 dated 25/01/2019, and SEBI letter ref no.MRD/DOP2/DSA2/OW/2019/2498/1 dated 24/01/2019, demonstrating compliance with comprehensive regulatory frameworks governing depositories and participants.

Bihar Sponge Iron Limited has issued a correction notice to BSE Limited regarding its earlier disclosure about the Facility User Agreement with Amalgam Steel & Power Limited. The company filed the correction on 26th March, 2026, to address a typographical error in its previous intimation dated 24th March, 2026.

Corrected Disclosure Details

The updated disclosure clarifies the sequence of events and operational changes at the company's facilities. Following the temporary suspension of operations that was communicated in earlier intimations dated 7th and 10th February, 2026, the company has now provided precise details about its new partnership arrangement.

Operational Transition

The corrected disclosure confirms that Bihar Sponge Iron Limited has terminated its earlier executed Facility User Agreement with M/s Vanraj Steels Private Limited and others, who had temporarily suspended operations at the company's plant. The company has now entered into a new comprehensive agreement with M/s Amalgam Steel & Power Limited for the operation of the company's Sponge Iron Plant and railway siding facilities.

Expected Benefits

According to the management, the new facility user agreement is expected to facilitate the resumption of operations and improved utilization of the plant facilities. This partnership arrangement represents the company's strategic move to restore production activities that had been disrupted under the previous agreement with Vanraj Steels.

Regulatory Compliance

The correction notice was filed pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The document was digitally signed by Vimal Prasad Gupta, Company Secretary & Compliance Officer, ensuring proper authorization and compliance with regulatory requirements for listed entities on BSE Limited.