Indian Overseas Bank has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Indian Overseas Bank has submitted to the stock exchanges a compliance certificate dated 3 April 2025 from its Registrar and Share Transfer Agent (RTA), Cameo Corporate Services Limited, under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended 31 March 2025 and confirms that all securities received from depository participants for dematerialisation during the quarter were properly processed, accepted or rejected, and listed on the stock exchanges. It also confirms that physical share certificates received for dematerialisation were mutilated and cancelled, and the depository's name was substituted as the registered owner in the bank's register of members within the stipulated time.
This is a routine quarterly regulatory compliance filing with no material impact on shareholders or the stock price. It simply certifies that the bank's share dematerialisation process is functioning as required by SEBI norms.