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Southern Magnesium & Chemicals says it need not file related party disclosures under Regulation 23(9). Its capital and net worth are below the exemption limits.
The company submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI Regulation 31.
Southern Magnesium & Chemicals Ltd confirmed the non-applicability of SEBI Regulation 23(9) regarding related party transaction disclosures. The company is exempt as its paid-up share capital and net worth remained below ₹10 Crore and ₹25 Crore, respectively, as of March 31, 2025. This is a routine regulatory compliance update.
Southern Magnesium and Chemicals Limited has opened a special one-year window from February 5, 2026, to February 4, 2027, for the transfer and dematerialisation of physical securities. This facility applies to investors who purchased physical shares before April 01, 2019, subject to specific SEBI conditions.