Compliance certificate for the quarter ended March 31, 2025
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This is a routine quarterly compliance filing where the company's Registrar and Transfer Agent (Bigshare Services Pvt. Ltd.) confirms to the company and the stock exchange that no dematerialization requests for equity shares were received during the quarter from January 1, 2025 to March 31, 2025. Dematerialization requests refer to shareholders converting their physical share certificates into electronic (demat) form. The certificate is filed in compliance with SEBI regulations applicable to share transfer agents and issuers. No financial or operational details about the company are disclosed in this filing.
This is a purely procedural compliance filing with no material impact on shareholders or the stock price. It simply confirms the absence of any share dematerialization activity during the quarter, which is routine and does not indicate any change in the company's fundamentals.