Announced Wed, 8 Apr · 09:53 IST

Mangal Electrical Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

MEIL · price

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+1.5%1-day move
₹247.00
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₹255.00
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AI summary

Mangal Electrical Industries Limited has submitted a compliance certificate confirming that its Registrar and Share Transfer Agent, Bigshare Services Private Limited, properly handled securities dematerialization requests for the quarter ending March 31, 2026. The certificate verifies that securities received for dematerialization were confirmed to depositories, and physical share certificates were properly mutilated and cancelled. The depositories were registered as owners in the register of members within the required 15-day timeframe. This is a routine regulatory filing required under SEBI regulations to ensure proper handling of share dematerialization processes.

Likely market impact

This is a standard compliance filing with no direct impact on shareholders or stock price. It confirms the company follows proper dematerialization procedures as mandated by SEBI regulations.