Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended 31st March, 2025.
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Phoenix Township Limited (which runs Park Inn by Radisson in Goa and Phoenix Island Resort in Kerala) has submitted a routine compliance certificate to BSE for the quarter ended 31 March 2025. The certificate was issued by the company's Registrar and Transfer Agent, Adroit Corporate Services Pvt. Ltd., as required under SEBI's Depositories and Participants Regulations, 2018. It confirms that share certificates received from depository participants for demat conversion during the quarter were duly processed and confirmed to the depositories. The physical certificates have been mutilated and cancelled, and the demat names have been updated in the company's register of members within the required 15-day timeline. This is a standard quarterly procedural filing with no business or financial event attached.
This is a routine regulatory compliance submission and has no direct impact on shareholders, company financials, or the stock price. Investors can treat it as housekeeping paperwork confirming smooth functioning of share dematerialization processes.