Compliance certificate under Reg. 74(5) of SEBI (DP) Regulation 2018 for the quarter ended 31.03.2025
Awaiting price reaction for this filing.
Visu International Ltd (also referred to as Ed & Tech International Limited) has submitted a routine compliance certificate to BSE and NSE confirming that securities received for dematerialization during the quarter ended 31 March 2025 were properly verified, cancelled, and the depository's name recorded as the registered owner within the required timeframe. The certificate is based on confirmation from the company's Registrar and Transfer Agent, M/s. Aarthi Consultants Private Limited. The company also confirms that the dematerialized securities continue to be listed on the stock exchanges. Notably, the letter is signed by an Interim Resolution Professional appointed under an NCLT order (CP (IB) No. 120/7/HDB/2022), indicating the company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code. This is a procedural, mandatory filing under SEBI DP Regulations with no operational or financial update.
This is a routine regulatory compliance filing and is unlikely to have any direct impact on the stock price or shareholder value. However, it serves as a reminder that the company remains under insolvency resolution, which continues to be the key overhang on the stock. Investors should watch for further updates on the CIRP proceedings and any resolution plan.