Compliances-Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018
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Bhagwati Autocast Ltd submitted a quarterly compliance certificate to BSE as required under SEBI's Depository Regulations. The certificate, issued by the company's Registrar and Share Transfer Agent (MCS Share Transfer Agent Limited), confirms that all share dematerialization requests received from depository participants during the quarter ended 31st March 2025 were properly processed within 15 days. The RTA verified that securities were confirmed to depositories, original share certificates were cancelled and mutilated, and the depository's name was substituted as the registered owner in the company's member register.
This is a routine regulatory filing with no material impact on the stock price or shareholders. It simply confirms that the company's share transfer and dematerialization processes are functioning in compliance with SEBI rules.