BSEPromax Power LtdMinimalNeutral
Announced Mon, 14 Apr · 14:56 IST

Compliance Certificate under regulation 74(5) of SEBI (DP) Regulations, 2018

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promax Power Ltd submitted a quarterly compliance certificate under SEBI's Depositories Regulations for the quarter ended 31st March 2025. The certificate was issued by Cameo Corporate Services Limited, the company's Registrar and Share Transfer Agent, confirming that all share certificates received from depository participants for dematerialisation during the quarter were properly verified, confirmed to the depositories, and then mutilated and cancelled. The depository names have also been substituted as registered owners in the company's register of members within the stipulated time. The filing was signed by Vishal Bharadwaj, Managing Director, and submitted to BSE on 14th April 2025.

Likely market impact

This is a routine procedural compliance filing with no material impact on the company's financials, operations, or stock price. Shareholders do not need to take any action — it simply confirms the RTA has processed demat requests correctly for the quarter.