Dear Sir, In compliance with 74(5) of SEBI (DP) Regulations, 2018, we are enclosing herewith certificate dated 01st April, 2025 issued by Purva Sharegistry (I) Private Limited, the RTA ....
Awaiting price reaction for this filing.
Avasara Finance Limited has submitted a routine compliance certificate to BSE as required under SEBI's Depositories and Participants Regulations, 2018. The certificate, issued by the company's Registrar and Share Transfer Agent (RTA) Purva Sharegistry India Pvt Ltd on April 1, 2025, covers the January–March 2025 quarter. It confirms that all dematerialisation requests received from depository participants during the quarter were properly processed and reflected in the register of members. However, the attached details show NIL dematerialisation activity, meaning no shareholders converted physical share certificates into electronic form during this period. The company's scrip code is 511730 and it is listed on BSE.
This is a standard regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company's share transfer records are in order, though the NIL dematerialisation suggests very low trading or shareholder activity for this small-cap stock.