Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 30th June, 2025.
Awaiting price reaction for this filing.
The company has submitted a routine quarterly certificate from its Registrar and Share Transfer Agent (Bigshare Services) under SEBI's Depositories Regulations, confirming that all dematerialization requests received up to 30 June 2025 were processed within the 15-day timeline. The filing also restates that the company has been under liquidation since 18 January 2022 following an NCLT order under the Insolvency and Bankruptcy Code, with Mr. Uliyar Balakrishna Bhat acting as Liquidator. The Liquidator issued a Sale Certificate on 3 October 2024 after selling the company as a going concern under Section 33 of the IBC. The final liquidation closure order from NCLT is still awaited.
This is largely a procedural compliance filing with no direct impact on the stock price. However, shareholders should note that the company remains under liquidation and the final outcome (including any distribution to shareholders) depends on the NCLT's closure order, which is still pending.