Certificate under Reg. 74(5) of SEBI (Depositories and Participants) Regulations, 2018
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Music Broadcast Limited has submitted a certificate to the stock exchange under Regulation 74(5) of the SEBI Depositories Regulations, 2018. This is a routine compliance filing that confirms the company has properly handled share certificates surrendered for dematerialization during the period covered by the certificate. It certifies that physical share certificates received from depository participants have been cancelled within the required 30-day timeline. No specific share count, dematerialization volume, or financial figures are disclosed in the headline.
This is a standard regulatory compliance filing with no material impact on shareholders, the company's financials, or the stock price. It simply confirms the company is following the prescribed process for managing dematerialized securities.