Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018
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Madhusudan Industries has submitted to BSE a quarterly compliance certificate under SEBI's Depositories Regulations. The certificate was issued by their Registrar and Share Transfer Agent (MCS Share Transfer Agent Ltd) for the quarter ended 30th September 2025. It confirms that all dematerialisation requests received from depository participants during the quarter were processed and confirmed to the depositories. The physical share certificates received for dematerialisation were mutilated and cancelled, and the depository's name was substituted as the registered owner in the company's register of members within the 15-day timeline required by SEBI. The filing was made on 14th October 2025 by the Company Secretary.
This is a routine regulatory compliance filing with no material impact on the company's business, financials, or stock price. It simply confirms the RTA fulfilled its procedural duties in handling share dematerialisation requests on time.