Compliance Certificate under Reg 74(5) of SEBI (DP) Regulations, 2015
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Flora Corporation Limited has submitted a compliance certificate under SEBI Regulation 74(5) for the quarter ended 31st March 2025. The certificate, issued by the company's Registrar and Share Transfer Agent (Aarthi Consultants Private Limited), confirms that securities dematerialized during the period 1st January 2025 to 31st March 2025 were processed within the required 15-day timeline. The RTA confirmed that original share certificates received from depository participants were mutilated and cancelled, and the depository's name was recorded as the registered owner. This is a routine procedural filing mandated by SEBI for all listed companies.
No material impact on shareholders or stock price. This is a standard regulatory compliance filing that simply confirms proper handling of share dematerialization requests during the quarter. Investors should view this as routine housekeeping with no bearing on the company's business or financial performance.