Certificate under Regulation 74(5) of SEBI (DP) Regulations 2018
Awaiting price reaction for this filing.
Solana Biofuels Ltd has submitted a quarterly compliance certificate under SEBI Regulation 74(5) for the period from 1 January 2025 to 31 March 2025 (Q1 2025). The certificate was issued by the company's Registrar and Transfer Agent (RTA), Aarthi Consultants Private Limited, confirming that physical share certificates received from depository participants were mutilated, cancelled, and the depository's name was substituted as the registered owner within the required 15-day window. The letter was signed by Director Brijmohan Venkata Mandala on 17 April 2025 and filed with BSE.
This is a routine, procedural regulatory filing with no impact on the company's financials, business operations, or shareholder value. It simply confirms that dematerialization activities during the quarter were handled in compliance with SEBI rules.