Submission of non-applicability of Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st December, 2025.
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Maximus International Ltd has informed BSE that Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is not applicable to the company for the quarter ended 31st December 2025. The company's Registrar and Share Transfer Agent, Bigshare Services Pvt Ltd, has issued a certificate confirming this non-applicability. The reason is that the entire shareholding of the company is already held in dematerialised (demat) form, and no shareholder made any request for rematerialisation or dematerialisation during the quarter. This is a routine regulatory compliance filing and does not involve any change in business or financials.
No impact on shareholders or stock price. This is a standard quarterly compliance confirmation indicating all shares are fully held in demat form, reflecting a digitally settled shareholding structure.