Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 is enclosed.
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Axel Polymers has submitted a quarterly certificate under SEBI's Depository Regulations, as required for the quarter ended March 31, 2025. The certificate was issued by the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited, on April 2, 2025. It confirms that all share certificates received from depository participants for dematerialisation during the quarter were duly processed, accepted or rejected, and listed on the stock exchange. Cancelled physical certificates were mutilated after verification, and the depository's name has been entered in the company's register of members as the registered owner. This is a standard procedural compliance filing with no financial numbers disclosed.
No material impact on shareholders or stock price. This is a routine regulatory compliance filing confirming that the company's share transfer agent properly handled dematerialisation requests during the January–March 2025 quarter.