Modern Steels Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 06 Apr 2026, 04:15 PM
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Modern Steels Limited submitted its SEBI Regulation 74(5) compliance certificate for Q4FY26 to BSE Limited on 6th April 2026. The certificate, issued by registrar MCS Share Transfer Agent Limited, confirms adherence to dematerialization regulations and proper share transfer procedures. Company Secretary Ananya Modi signed the submission, demonstrating the company's commitment to regulatory compliance and transparent corporate governance.

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Modern Steels Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI regulations for the quarter ended 31st March 2026. The submission demonstrates the company's commitment to maintaining regulatory compliance in its share transfer and dematerialization processes.

Regulatory Compliance Submission

The company submitted the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on 6th April 2026. The document was signed by Ananya Modi, Company Secretary & Compliance Officer, and addressed to BSE Limited at Phiroze Jeejeebhoy Towers, Mumbai.

Parameter: Details
Reporting Period: Quarter ended 31st March 2026
Submission Date: 6th April 2026
Signatory: Ananya Modi, Company Secretary
Exchange: BSE Limited

Registrar Certification

MCS Share Transfer Agent Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate. The registrar confirmed that all dematerialization processes were completed within the stipulated 15-day timeframe as required by SEBI regulations.

The certification covers two critical compliance aspects:

  • Securities comprised in the certificates have been properly listed on stock exchanges
  • Original certificates have been duly verified, mutilated, cancelled, and the depository name substituted in records as the registered owner

Corporate Information

Modern Steels Limited operates from its corporate office located at Sub City Centre, Sector 34, Chandigarh. The company maintains its commitment to transparent corporate governance through regular compliance submissions and proper documentation procedures.

Corporate Details: Information
Corporate Office: 98-99, Sub City Centre, Sector 34, Chandigarh
Contact: +91-172-2609001, 2609002
Email: info@modernsteels.com
CIN: L27109PB1973PLC003358

The submission reflects the company's ongoing efforts to maintain regulatory compliance and ensure proper share transfer mechanisms are in place for investor protection and market transparency.

Historical Stock Returns for Modern Steels

1 Day5 Days1 Month6 Months1 Year5 Years
+2.98%+10.59%-10.10%-30.44%-23.31%+259.35%

Will Modern Steels Limited's consistent regulatory compliance improve its ESG ratings and attract institutional investors in the upcoming quarters?

How might the steel industry's regulatory landscape evolve, and what additional compliance requirements could Modern Steels face in 2026-27?

Could Modern Steels' strong governance practices position it favorably for potential partnerships or acquisitions in the consolidating steel sector?

Modern Steels Limited Reports Physical Share Transfer Re-lodgment Status Under SEBI Guidelines

2 min read     Updated on 07 Jan 2026, 04:35 PM
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AI Summary

Modern Steels Limited filed a compliance report with BSE regarding physical share transfer re-lodgment requests under SEBI's special window provision. During December 7, 2025, to January 6, 2026, the company received 2 requests, both of which were processed within 10 days but ultimately rejected. The disclosure was made in accordance with SEBI regulations and demonstrates the company's commitment to regulatory compliance and transparency in shareholder services.

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Modern Steels Limited has filed a regulatory disclosure with BSE Limited regarding the status of physical share transfer re-lodgment requests received under the special window provision established by SEBI. The report, dated January 7, 2026, provides details on shareholder requests processed during the recent reporting period.

SEBI Compliance Report Details

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in compliance with SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 2, 2025. The circular established a special window for shareholders to re-lodge physical share transfer requests that may have been previously rejected or pending.

The report covers the period from December 7, 2025, to January 6, 2026, and was prepared by the company's registrar and transfer agent, MCS Share Transfer Agent Limited.

Physical Share Transfer Processing Status

The registrar's report provides a comprehensive breakdown of the physical share transfer requests handled during the reporting period:

Parameter Details
Requests Received 2
Requests Processed 2
Requests Approved 0
Requests Rejected 2
Average Processing Time 10 days

All requests received during the period were processed within the reporting timeframe, demonstrating efficient handling by the transfer agent. However, both requests were ultimately rejected, though the specific reasons for rejection were not disclosed in the filing.

Regulatory Framework and Compliance

The SEBI circular dated July 2, 2025, established specific guidelines for handling physical share transfer re-lodgment requests. This special window provision allows shareholders to resubmit transfer requests that may have been previously unsuccessful, providing an additional opportunity to complete physical share transfers.

Modern Steels Limited's proactive disclosure of this information reflects its commitment to regulatory compliance and transparency in shareholder services. The company secretary and compliance officer, Ananya Modi, signed the disclosure document, ensuring proper authorization and accountability.

Transfer Agent Operations

MCS Share Transfer Agent Limited, based in New Delhi, serves as the registrar and transfer agent for Modern Steels Limited. The agent's systematic reporting includes detailed metrics on request processing, approval rates, and processing timelines, providing stakeholders with clear visibility into the share transfer process efficiency.

The 10-day average processing time indicates prompt handling of requests, even though the specific requests during this period were not approved. This processing timeline demonstrates the transfer agent's commitment to timely resolution of shareholder requests within the regulatory framework.

Historical Stock Returns for Modern Steels

1 Day5 Days1 Month6 Months1 Year5 Years
+2.98%+10.59%-10.10%-30.44%-23.31%+259.35%

More News on Modern Steels

1 Year Returns:-23.31%