Compliance Certificate under Reg. 74(5) of SEBI (DP) Regulations 2018
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Goyal Associates Ltd has submitted a routine compliance certificate under SEBI's Depository Regulations for the quarter ending December 31, 2025. The certificate was issued by the company's Registrar and Share Transfer Agent, Purva Sharegistry India Pvt. Ltd. Notably, no share certificates were dematerialized during this period — the dematerialization details table shows NIL across all entries, meaning no shareholders converted physical shares to electronic form. The certificate confirms that any dematerialization requests received were processed within prescribed timelines.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. The NIL dematerialization activity simply indicates no share movement between physical and electronic form during the quarter.