Bajaj Electricals Limited has informed the Exchange about Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
BAJAJELEC · price
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Bajaj Electricals Limited has submitted to the stock exchanges a certificate from its Registrar and Transfer Agent, MUFG Intime India Private Limited (formerly Link Intime India), confirming compliance with Regulation 74(5) of SEBI's Depositories and Participants Regulations, 2018. The certificate, dated July 4, 2025, covers the quarter ended June 30, 2025, and confirms that all securities received from depository participants for dematerialisation were processed (accepted or rejected) within the prescribed timelines. It also confirms that physical share certificates received for dematerialisation were mutilated and cancelled, and the depositories' names were substituted as registered owners in the company's register of members. The filing was signed by Prashant Dalvi, Chief Compliance Officer and Company Secretary.
This is a routine quarterly regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company's share dematerialisation processes are working as required by SEBI rules.