Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended March, 2025.
Awaiting price reaction for this filing.
Shantai Industries Ltd has submitted a routine compliance certificate to BSE for the quarter ended March 31, 2025. The certificate was issued by MCS Share Transfer Agent Limited, the company's Registrar and Share Transfer Agent. It confirms that all share certificates received from depository participants for dematerialisation during the quarter were duly processed and confirmed to the depositories. The physical certificates have been mutilated and cancelled, and the names of the new registered owners have been updated in the company's register of members within the required 15-day timeline. The letter was signed by Managing Director Harishbhai Fatandas Sawlani on April 10, 2025.
This is a standard procedural compliance filing with no material impact on the company's financials, operations, or stock price. It simply confirms proper handling of dematerialisation requests during the quarter.