Lexus Granito (India) Limited has informed the Exchange regarding 'Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations'.
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Lexus Granito (India) Limited has submitted a compliance certificate to NSE confirming that SEBI's Regulation 74(5) is not applicable to the company. This is because 100% of the company's shares are already held in demat (electronic) form, and the company received no requests from shareholders for rematerialisation or dematerialisation during the quarter and year ended March 31, 2025. Their Registrar and Share Transfer Agent, Bigshare Services Private Limited, has also issued a matching certificate confirming the same. This is a routine regulatory filing and not a business or financial event.
This is a routine procedural compliance filing with no material impact on the company's operations, financials, or share price. It simply confirms the company's shares are fully in electronic form, which is standard for listed companies today.