Banaras Beads Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
BANARBEADS · price
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Banaras Beads Limited has submitted a quarterly compliance certificate to NSE and BSE as required under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by the company's Registrar and Share Transfer Agent Mas Services Limited, covers the quarter ended June 30, 2025. It confirms that all share dematerialization requests received from Depository Participants between April 1, 2025 and June 30, 2025 were processed, confirmed, and updated in the register of members within the 15-day timeline mandated by SEBI. Cancelled physical certificates were mutilated and the depository's name was substituted as the registered owner within the same period. The filing was signed by Company Secretary R.K. Singh on July 7, 2025.
This is a routine, procedural compliance filing with no material impact on the company's business, financials, or stock price. It simply demonstrates that the company's share transfer processes are working smoothly and in line with SEBI norms.