Compliance Certificate under Reg 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended December, 2024
Awaiting price reaction for this filing.
JCT Ltd has filed a routine compliance certificate for the October–December 2024 quarter covering its share dematerialization activity. As on December 31, 2024, the company had 86.83 crore total equity shares, of which about 86.06 crore (99.11%) were held in demat form — 60.92 crore with NSDL and 25.13 crore with CDSL — and only about 77.69 lakh shares (0.89%) remained in physical form. The Registrar, RCMC Share Registry Pvt Ltd, confirmed that all dematerialization and transmission requests during the quarter were processed within the SEBI-mandated 15–21 day timeline, with zero pending cases and zero delays. Mutilation, cancellation of physical certificates, and updating the register of members with depository names were all completed on time.
This is a standard housekeeping filing with no material impact on the stock price or shareholder value. It reassures investors that the company has near-complete dematerialization (over 99% of shares) and that share transfer and demat operations are running smoothly within regulatory timelines.