Max India Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Max India Limited has submitted a quarterly confirmation certificate to the stock exchanges as required under SEBI Regulation 74(5). The certificate, issued by the company's Registrar and Share Transfer Agent Mas Services Limited, covers the period from January 1, 2025 to March 31, 2025. It confirms that all securities received from Depository Participants for dematerialisation were processed and confirmed to the depositories within the mandatory 15-day timeline. It also confirms that physical certificates received for demat have been cancelled, and the company's name has been updated in the register of members and notified to the stock exchanges within the stipulated period.
This is a routine quarterly compliance filing with no material impact on the business, financials, or share price. It simply confirms the registrar is meeting SEBI's procedural requirements for handling dematerialisation requests.