Marine Electricals (India) Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Marine Electricals (India) Limited has submitted a certificate from its Registrar and Share Transfer Agent, Bigshare Services Pvt Ltd, for the quarter ended 30th June 2025. The certificate confirms that all physical share certificates received from investors for dematerialization during the quarter were duly processed, accepted or rejected by the depositories within the prescribed timeline. It also confirms that the cancelled physical certificates were mutilated after verification, and the depository's name has been substituted as the registered owner in the company's register of members within 15 days of receipt. The filing was signed by the Company's Secretary, Deep Shah, and submitted to NSE on 9th July 2025.
This is a routine quarterly compliance filing required by SEBI regulations and has no material impact on the company's operations, financials, or share price. It simply confirms that the company's share transfer process is functioning smoothly.