Max Financial Services Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2025
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Max Financial Services Limited has submitted a Confirmation Certificate to the stock exchanges under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2025. The certificate was issued by Mas Services Limited, the company's Registrar and Share Transfer Agent (RTA). It confirms that all securities received from Depository Participants for demat conversion between April 1, 2025 and June 30, 2025 were processed (accepted or rejected) within the mandated 15-day timeline. The RTA also confirmed that physical certificates received for dematerialization were mutilated, cancelled, and the depository's name substituted as the registered owner in the company's register of members within 15 days, with intimation sent to the depository and stock exchanges.
This is a routine quarterly compliance filing with no material impact on shareholders or the stock price. It simply demonstrates that the company's RTA is meeting SEBI's stipulated turnaround time for processing dematerialization requests, reflecting good operational and compliance hygiene.