Non Applicability of Reg. 74(5) of Sebi (DP) Regulations, 2018 for the quarter ended on 31st March, 2025.
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O. P. Chains Ltd, a small company based in Agra, filed a routine compliance certificate with BSE for the quarter ended 31st March 2025. The company's Registrar and Share Transfer Agent, Bigshare Services Pvt. Ltd., confirmed that Regulation 74(5) of SEBI's Depositories and Participants Regulations is not applicable to the company. The reason cited is that all of the company's shares are already held in dematerialised (demat) form, and no requests for rematerialisation or dematerialisation were received during the quarter. This is a standard procedural filing with no operational or financial impact on the company.
No impact on shareholders or the stock price. This is a routine administrative filing confirming that there were no share transfer activities between physical and demat form during the quarter, indicating the company's shares are fully dematerialised.