BSEBihar Sponge Iron LtdMinimalNeutral
Announced Wed, 8 Apr · 15:14 IST

Compliance Certificate Under Regulation 74(5) of SEBI (DP) Regulations, 2018

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Price reaction · full curve 14 horizons · vs prior close
+9.8%1-day move
₹11.98
prior close
₹12.53
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AI summary

Bihar Sponge Iron Limited has submitted a compliance certificate under SEBI Regulation 74(5) for the quarter ended 31st March 2026. The certificate was issued by their Registrar and Share Transfer Agent, M/s Beetal Financial & Computer Services (P) Ltd. It confirms that all securities received from Depository Participants for dematerialization during the quarter were duly processed (accepted or rejected) and reported back to the depositories. The RTA also confirmed that physical share certificates received for demat have been mutilated and cancelled, with the depository's name substituted as registered owner in the company's member register within the required 15-day timeline. The filing was signed by Vimal Prasad Gupta, Company Secretary, on 8th April 2026.

Likely market impact

This is a routine quarterly regulatory compliance filing with no material impact on the company's operations, financials, or share price. It simply demonstrates that the company's share transfer processes are functioning as required by SEBI rules.