Based on the certificate received from Purva Share Registry(India) Pvt Ltd and Transfer Agent of the company, We hereby certify that the securities received for dematerialization have been ....
Awaiting price reaction for this filing.
Web Element Solutions Ltd submitted a routine quarterly compliance certificate to BSE under SEBI Regulation 74(5) for the January-March 2025 quarter. The certificate, confirmed jointly by the company and its Registrar and Transfer Agent Purva Sharegistry (India) Pvt. Ltd., states that any securities received for dematerialization during the quarter were properly verified, mutilated, and cancelled, with the depository recorded as the registered owner within prescribed timelines. Notably, the detailed share certificate dematerialization table shows NIL entries, meaning no shareholder requested conversion of physical shares into demat form during March 2025. The filing was signed by Shrena K. Shah, CFO and Executive Director, on 9 April 2025.
This is a standard procedural compliance filing with no material impact on shareholders or the stock. The nil dematerialization activity simply indicates no shareholders converted physical shares to demat during the quarter — no change in capital structure or ownership.