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Awaiting price reaction for this filing.
Adishakti Loha and Ispat Ltd (recently renamed to Afloat Enterprises Limited) has submitted a certificate under SEBI's Regulation 74(5) for the quarter ended March 31, 2025. The certificate was issued by the company's Registrar and Transfer Agent (RTA), Bigshare Services Pvt Ltd. Importantly, the RTA confirmed that Regulation 74(5) is not applicable to the company because all of the company's shares are already held in dematerialised (demat) form. No requests for rematerialisation or dematerialisation were received during the quarter. This is a routine, procedural compliance filing with no business or operational impact.
No impact on shareholders or stock price — this is a standard regulatory compliance submission confirming that all shares are already in demat form, which is the norm for listed companies.