ALPHA TRIBE

Southern Magnesium & Chemicals LtdImportant, 06-02-2026: Company Update

06-02-2026 | 11:52 am

Southern Magnesium and Chemicals has updated on its financial results for the quarter and nine months ended December. The company reported a total income of ₹0.73 Cr for the quarter, with a net loss of ₹0.05 Cr. Additionally, a special window has been opened for re-lodgement of physical share transfer deeds that were rejected or unattended prior to April 2019. This window is effective until February 2027, allowing transfers to be issued only in demat form. This initiative aims to regularize old share transfers, impacting shareholders with physical holdings.

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