Compliance Certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018.
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Prashant India Ltd has submitted a compliance certificate to BSE for the quarter ended 31st March 2025, as required under Regulation 74(5) of SEBI's Depositories and Participants Regulations, 2018. The certificate was issued by MCS Share Transfer Agent Ltd, the company's Registrar and Share Transfer Agent. It confirms that all securities received from depository participants for demat during Q4 FY25 were properly processed, confirmed to the depositories, and that physical certificates were mutilated, cancelled, and the depositories' names substituted in the register of members within 15 days. This is a standard quarterly compliance requirement with no operational or financial changes involved.
This is a routine regulatory compliance filing with no material impact on shareholders, company financials, or stock price. It simply confirms proper handling of dematerialisation requests during the quarter.