Prakash Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Prakash Industries has submitted a certificate from its Registrar and Transfer Agent, Skyline Financial Services, confirming compliance with SEBI Regulation 74(5) for the quarter ended 30th June 2025. The certificate confirms that physical share certificates received for dematerialization during the quarter were listed on the stock exchanges, verified, mutilated, and cancelled, with the depository's name substituted as the registered owner within 15 days. This is a routine quarterly compliance filing required from listed companies regarding the conversion of physical shares into demat form. No new business or financial information is disclosed in this filing.
No material impact on shareholders or stock price. This is a standard procedural compliance submission confirming proper handling of physical-to-demat share conversions and carries no business or valuation implications.