Description
BSE revokes trading suspension for Modern Malleables Ltd., allowing normal trading to resume for the power transmission equipment manufacturer.
Summary
BSE has revoked the suspension in trading of equity shares of Modern Malleables Ltd. (Scrip Code: 517336). The company is a manufacturer of overhead electrical power conductors and hardware accessories for power transmission and distribution projects.
Key Points
- Company: Modern Malleables Ltd. (CIN: L27101WB1982PLC035371)
- Scrip Code: 517336
- Business: Manufacturer of overhead electrical power conductors and accessories
- Registered Office: 53-B, Mirza Ghalib Street, Kolkata - 700016
- Plant Location: Liluah, Howrah (West Bengal)
- Listed on BSE Limited and Calcutta Stock Exchange Ltd.
Regulatory Changes
Trading suspension has been revoked, allowing normal trading activities to resume for Modern Malleables Ltd. shares.
Compliance Requirements
- Company has paid listing fees to all exchanges
- Auditors: M/s. B.R. Khaitan & Co.
- Company Secretary & Compliance Officer: Gautam Bharati
- Managing Director: Mr. Biswanath Jhunjhunwala
Important Dates
- Circular Date: August 11, 2025
- Trading suspension revocation effective immediately
Impact Assessment
The revocation allows shareholders and investors to trade Modern Malleables Ltd. shares normally. The company operates in the power transmission sector, supplying utilities in India for power and telecom markets.
Impact Justification
Trading suspension revocation allows normal market activity to resume for the company