Certificate Under Regulation 40 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Financial Year Ended March 31, 2024.
Awaiting price reaction for this filing.
Gammon India Ltd has filed the annual compliance certificate from a practicing company secretary (Mitesh J Shah & Associates) certifying share transfer and transmission activities for the financial year ended March 31, 2024. The company received only 1 share transfer request during the year, which was processed after 21 days. It also received 2 transmission requests, both of which were rejected—one between 16-21 days and another after 21 days—due to documentation issues flagged by the Registrar (MUFG Intime India Private Limited, formerly Link Intime). No requests were received for deletion of name, sub-division, consolidation, duplicate issuance, split, renewal, transposition, exchange, or replacement of shares.
This is a routine yearly compliance filing required by SEBI and does not indicate any material business development. Investors should note that share transfer/transmission activity was minimal, suggesting limited shareholder activity for this scrip.