Certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018
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Madhusudan Industries Ltd has submitted a quarterly confirmation certificate from its Registrar and Share Transfer Agent (MCS Share Transfer Agent Limited) to BSE as required under Regulation 74(5) of the SEBI Depositories Regulations, 2018. The certificate confirms that all share certificates received for dematerialisation during the October–December 2025 quarter were properly processed, with dematerialised securities confirmed to the depositories and physical certificates mutilated and cancelled within the required 15-day timeframe. The demat entries have been updated in the company's register of members. This is a routine, mandatory compliance filing with no business or financial action involved.
No impact on shareholders or stock price — this is a standard procedural compliance submission confirming orderly processing of demat requests. It signals routine regulatory housekeeping rather than any corporate action.