Certificate under Regulation 74 ( 5 ) of SEBI (DP) Regulations for quarter ended on 31st March 2025
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Frontline Corporation Ltd has submitted a compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2025. The certificate was issued by Bigshare Services Pvt. Ltd., the company's Registrar and Transfer Agent (RTA). It confirms that all securities received from Depository Participants for dematerialization during the quarter were processed and confirmed to the depositories. The RTA also confirmed that the physical share certificates received for demat were mutilated and cancelled after due verification, and the depository names were substituted as registered owners in the company's register of members within the 15-day SEBI-mandated timeline. This is a routine, periodic regulatory compliance submission with no business or financial event involved.
This is a routine procedural filing with no material impact on shareholders or the stock price. It simply reaffirms that the company's share transfer and dematerialization processes are functioning in line with SEBI requirements.