NIBE Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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NIBE Limited has submitted a non-applicability certificate to BSE and NSE for the quarter ended March 31, 2025, under SEBI's Depositories Regulations. The certificate was issued by Bigshare Services Private Limited, the company's Registrar and Share Transfer Agent, on April 7, 2025. The regulation does not apply to NIBE because all of the company's shares are already held in dematerialised (demat) form. Additionally, no shareholders requested any physical-to-demat or demat-to-physical conversions during the quarter.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that all NIBE shares are already in electronic (demat) form, which is standard for most listed companies.