Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2025
Awaiting price reaction for this filing.
Value Industries Ltd has submitted a routine compliance certificate for the January–March 2025 quarter, signed by its Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited. The certificate confirms that all securities received from depository participants for dematerialisation during the quarter were properly processed, accepted or rejected, and that physical certificates received were mutilated and cancelled after verification, with the new owners' names updated in the register of members within 15 days. It also confirms that the underlying securities remain listed on the stock exchanges. The filing is signed by Director Amol Mandlik and notes that the company continues to be under Corporate Insolvency Resolution Process (CIRP) following NCLT orders dated 5 September 2018, 8 August 2019, and 25 September 2019.
This is a routine procedural filing with no direct impact on shareholders' value or the share price. The ongoing CIRP status since 2018 remains the key factor for investors to watch, as the company's insolvency resolution is still unresolved.