Compliance Certificate under Reg 74(5) of SEBI (DP) Regulations 2018
Awaiting price reaction for this filing.
Carnation Industries Ltd has submitted a compliance certificate for the quarter ended March 31, 2025, as required under SEBI's Depositories and Participants Regulations. The certificate, issued by the company's Registrar and Share Transfer Agent (R&D Infotech Private Limited), confirms that all share certificates received from depository participants for dematerialization during the quarter were properly confirmed to the depositories. It also certifies that dematerialized share certificates were mutilated and cancelled, and the depository's name was substituted as the registered owner in the company's Register of Members within the stipulated 30-day period. This is a routine, mandatory quarterly filing and does not involve any financial or business decision.
No material impact on shareholders or stock price. This is a standard regulatory compliance filing confirming proper handling of dematerialization requests during the quarter, indicating routine administrative compliance by the company.