MARINENSEMarine Electricals (India) LimitedMinimalNeutral
Announced Mon, 13 Apr · 10:06 IST

Marine Electricals (India) Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

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Price reaction · full curve 14 horizons · vs prior close
+5.1%1-day move
₹192.00
prior close
₹191.35
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AI summary

Marine Electricals (India) Limited has submitted a compliance certificate for the quarter ended 31st March 2026. The certificate from Bigshare Services Pvt Ltd, the company's Registrar & Share Transfer Agent, confirms that securities received for dematerialization were properly processed and confirmed to depositories. The certificate further confirms that security certificates were mutilated and cancelled after verification, and depositories were substituted as registered owners in the register of members within the required 15-day timeframe. This filing demonstrates the company is following mandated dematerialization procedures as per SEBI regulations.

Likely market impact

This is a routine regulatory compliance filing with no direct impact on stock price or shareholder value. It simply confirms proper processing of dematerialization requests and adherence to SEBI guidelines.