BSENew Markets Avenue LtdMinimalNeutral
Announced Thu, 23 Oct · 17:04 IST

Compliance Certificate under Reg 74(5) of SEBI (DP) Regulation

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AI summary

New Markets Avenue Ltd has submitted a routine compliance certificate to BSE under SEBI Regulation 74(5), which relates to the handling of share dematerialisation requests. The certificate, issued by the company's Registrar and Share Transfer Agent (Purva Sharegistry India Pvt Ltd), covers the quarter ended 30th September 2025. It confirms that all dematerialisation requests received during the quarter were processed, with securities either accepted or rejected and the register of members updated within prescribed timelines. Notably, the details section shows NIL share certificates were dematerialised during the quarter, meaning no shareholders converted physical shares into demat form in this period. The filing was signed by Kishore Kanhiyalal Jain, Whole-time Director.

Likely market impact

This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. No business or financial event is disclosed — it simply confirms that the company's share transfer processes are functioning as required by SEBI rules.