The certificate under Regulation 74(5) of the SEBI (Depository and Participants) Regulations, 2018 for the quarter ended December 31, 2024 is attached. The certificate was inadvertently ....
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Awaiting price reaction for this filing.
This is a routine quarterly compliance certificate filed by the company's Registrar and Share Transfer Agent (MUFG Intime India Pvt. Ltd.) for the quarter ended December 31, 2024. As on the cut-off date, the company had 8,25,009 shares in CDSL, 9,79,991 shares in NSDL, and 29,60,000 shares still held in physical form. No requests were received for physical share transfers, duplicate/split/consolidation of share certificates, or rematerialisation during the quarter. Dematerialisation requests received during the quarter were processed, and the Register of Members has been updated.
This is a standard procedural filing required by SEBI with no material bearing on the stock price or shareholder value. However, it indirectly highlights that a significant portion (around 13.3%) of the company's shares still remain in physical form, which may be relevant for investors who have not yet dematerialised their holdings.