Certificate under regulation 74(5) of SEBI (DP) Regulations, 2018
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Karnavati Finance Limited has submitted a compliance certificate from its Registrar and Share Transfer Agent, Satellite Corporate Services Private Limited, for the quarter ended March 31, 2025. The certificate confirms that any physical share certificates received for dematerialization during the quarter were processed, listed, mutilated, and the depository name recorded as the registered owner. Importantly, the RTA notes that no physical share certificates were received for dematerialization during this quarter. The filing was signed by Jay Morzaria, Managing Director, and submitted to BSE on April 28, 2025.
This is a routine quarterly regulatory compliance filing with no material impact on shareholders or the stock price. The fact that no physical certificates were submitted for dematerialization indicates minimal share transfer activity during the quarter.