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). The company is engaged in manufacturing overhead electrical power conductors and hardware accessories for power transmission and distribution projects.
Key Points
- Trading suspension revoked for Modern Malleables Ltd equity shares
- Company scrip code: 517336
- Company is listed on BSE Limited and Calcutta Stock Exchange Ltd
- Business focus: Manufacturing overhead electrical power conductors and accessories
- All listing fees paid to exchanges
Company Details
- Registered Address: 53B, Mirza Ghalib Street, Kolkata - 700016
- Managing Director/Chairman: Mr. Biswanath Jhunjhunwala
- Company Secretary: Mr. Gautam Bharati
- Plant Location: Liluah, Howrah (West Bengal)
- Business Nature: Power transmission and distribution equipment manufacturing
Trading Status
- Previous suspension in trading has been revoked
- Normal trading operations can resume
- Company remains compliant with exchange requirements
Impact Assessment
The revocation allows shareholders and investors to resume trading in Modern Malleables Ltd shares, restoring market liquidity for the stock. This indicates the company has likely addressed the issues that led to the original suspension.
Impact Justification
Trading suspension revocation affects specific company's stock liquidity and investor access