Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2025.
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Sai Swami Metals and Alloys Limited (Scrip Code: 544170) has submitted a compliance certificate under SEBI Regulation 74(5) for the quarter ended June 30, 2025. The certificate was issued by Bigshare Services Pvt. Ltd., the company's Registrar and Share Transfer Agent. Bigshare confirmed that the regulation is not applicable to the company because 100% of the company's shares are already held in dematerialised (demat) form. Additionally, no shareholders requested rematerialisation of their shares during the quarter. The filing is a routine regulatory compliance requirement with no operational or financial changes.
No impact on shareholders or the stock price — this is a standard quarterly compliance disclosure confirming the company's shares are fully held in demat form, which is normal for a newly listed entity.