Modern Steels Limited has submitted a report to BSE Limited, dated May 7, 2026, under reference MSL/SECT/BSE/2028, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing encloses the report dated May 6, 2026, received from its Registrar and Transfer Agent (RTA), M/s. MCS Share Transfer Agent Limited, detailing the status of physical share transfer re-lodgment requests received in April 2026 under the special window established by SEBI Circular No. HO/38/13/11(2)/2026-MIRSD-POD/13750/2026 dated January 30, 2026.

Special Window for Physical Share Transfer Re-Lodgment

In accordance with the SEBI circular dated January 30, 2026, Modern Steels Limited had re-opened a special window allowing shareholders to re-lodge transfer requests for physical shares. The window is available to shareholders whose transfer requests — lodged prior to April 1, 2019 — were rejected, returned, or remained unattended due to deficiencies in documents, process, or otherwise. All eligible transfer requests under this window are processed exclusively in demat mode. The key parameters of the special window are as follows:

April 2026 RTA Status Report

The RTA, M/s. MCS Share Transfer Agent Limited, confirmed the following status for April 2026 regarding requests received from shareholders for re-lodgment of transfer requests for physical shares under the special window:

As no requests were rejected during the month, there are no details to report under the rejection category for April 2026.

Registrar and Transfer Agent Details

Shareholders who missed the earlier deadline of January 6, 2026 — the cut-off date for re-lodgement of transfer deeds — are advised to utilise this opportunity by furnishing the necessary documents to the company's Registrar and Transfer Agent:

• Name: M/s. MCS Share Transfer Agent Limited
• Unit: Modern Steels Limited
• Address: 179-180, DSIDC Shed, 3rd Floor, Okhla Industrial Area, Phase-1, New Delhi – 110020
• Email: helpdeskdelhi@mcsregistrars.com / helpdeskreply@mcsregistrars.com

Regulatory Compliance and Filing

The notice was submitted to BSE Limited by Ananya Modi, Company Secretary and Compliance Officer of Modern Steels Limited, under reference MSL/SECT/BSE/2028, dated May 7, 2026. The filing confirms compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the applicable SEBI circular. All eligible transfer requests under this window continue to be processed exclusively in demat mode, in line with SEBI's directives.

Modern steels Limited has officially communicated to BSE Limited regarding its status under SEBI's regulatory framework for large corporate entities. The company has clarified that it does not qualify as a Large Corporate under the specific SEBI circulars governing debt securities issuance by large entities.

Regulatory Compliance Communication

The steel company submitted a formal letter to BSE Limited on April 17, 2026, addressing the non-applicability of certain SEBI regulations to its operations. The communication specifically referenced two key regulatory documents that govern fund raising activities for large corporate entities.

SEBI Circular References

Modern Steels Limited's communication addressed two specific SEBI circulars related to debt securities framework. The company clarified its position regarding these regulatory requirements that apply specifically to entities classified as Large Corporates.

Corporate Status Clarification

The company explicitly stated that it does not meet the criteria to be classified as a Large Corporate under the framework established by the referenced SEBI circulars. This classification determines the applicability of specific regulatory requirements related to debt securities issuance and fund raising activities.

The communication was digitally signed by Ananya Modi in her capacity as Company Secretary and Compliance Officer, with the digital signature timestamp showing April 17, 2026, at 11:08:31 +05'30'. The company requested BSE Limited to take note of this clarification and update their records accordingly.

Company Information

Modern Steels Limited operates from its corporate office located at 98-99, Sub City Centre, Sector 34, Chandigarh. The company maintains regular communication channels with stock exchanges to ensure compliance with all applicable regulatory requirements and maintains transparency regarding its corporate status under various SEBI frameworks.