Gujarat Raffia Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

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AI summary

Gujarat Raffia Industries has submitted a confirmation certificate to the stock exchanges as required under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate was issued by the company's Registrar and Transfer Agent, Accurate Securities & Registry Private Limited, for the quarter ended March 31, 2026. It confirms that all securities received from depository participants for demat conversion during the quarter were processed within the SEBI-prescribed time limits. The RTA also confirmed that the dematerialized securities have been mutilated/cancelled and the depository's name substituted as registered owner in the shareholder records.

Likely market impact

This is a routine quarterly compliance filing with no material impact on the company's operations, financials, or share price. It simply confirms that the company's share dematerialization process is functioning as per SEBI norms.