Description
BSE revokes suspension of trading in equity shares of Modern Malleables Ltd (Scrip Code: 517336)
Summary
BSE has revoked the suspension in trading of equity shares of Modern Malleables Ltd (Scrip Code: 517336), allowing normal trading to resume.
Key Points
- Company: Modern Malleables Limited
- Scrip Code: 517336
- Action: Revocation of trading suspension
- Business: Manufacturer of Overhead Electrical Power Conductor and Accessories
- Registered Address: 53B, Mirza Ghalib Street, Kolkata - 700016
- Manufacturing Location: Liluah, Howrah (West Bengal)
- Listed on: BSE Limited and Calcutta Stock Exchange Ltd
Company Profile
- CIN: L27101WB1982PLC035371
- GST No.: 19AABCM5669D1ZB
- ISO 9001:2008 Registered Company
- Managing Director: Mr. Biswanath Jhunjhunwala
- Company Secretary: Mr. Gautam Bharati
- Primary Business: Power transmission and distribution projects
Important Dates
- Circular Date: August 11, 2025
Impact Assessment
The revocation of suspension allows shareholders to trade their holdings and provides market liquidity. The company can now access capital markets for its power transmission and distribution business operations.
Impact Justification
Revocation allows normal trading to resume for the stock, providing liquidity to shareholders