Compliance in terms of regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
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Grovy India Ltd has submitted a quarterly compliance certificate under SEBI's Regulation 74(5), which governs the dematerialization of physical shares. The certificate was issued by the company's Registrar and Share Transfer Agent (RTA), Skyline Financial Services Private Limited, for the quarter ended September 30, 2025 (Q2 FY26). The RTA confirmed that no physical share certificates were received from any depository participant for conversion into demat form during this quarter. This means shareholders did not submit any paper share certificates for dematerialization in the July–September 2025 period.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms there was no activity related to physical-to-demat share conversions during the quarter, indicating the company's shares are already largely held in dematerialized form.