Please find enclosed file.
Awaiting price reaction for this filing.
Muzali Arts Ltd has submitted a quarterly compliance certificate under Regulation 74(5) of SEBI's Depositories and Participants Regulations, 2018, for the quarter ended 31st March 2025. The certificate was issued by Satellite Corporate Services Pvt. Ltd., the company's Registrar and Share Transfer Agent (RTA). The RTA confirmed that no physical share certificates were received for dematerialization during the quarter. This is a routine regulatory filing required every quarter from companies whose shares are held in physical or demat form.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that no physical share certificates were submitted for conversion into demat form during the January-March 2025 quarter, which is normal administrative activity.