Agarwal Industrial Corporation Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Awaiting price reaction for this filing.
Agarwal Industrial Corporation has submitted a routine quarterly compliance certificate to the stock exchanges. The certificate, issued by their Registrar and Share Transfer Agent MUFG Intime India Pvt. Ltd., confirms that all securities received from depository participants for dematerialisation during the January–March 2025 quarter were properly verified, accepted or rejected, and listed on the exchanges. Physical share certificates received were mutilated and cancelled, and the depository's name has been substituted as the registered owner in the company's member register within SEBI's prescribed timelines.
This is a standard regulatory compliance filing with no material impact on the business, financials, or stock price. It simply confirms that the company's share dematerialisation process is functioning properly.