pursuant to regulation 13 of sebi (lodr) regualtion, 2015, enclosing certificate for quarter ended march 31st, 2025
Awaiting price reaction for this filing.
Sai Industries Ltd has filed its quarterly compliance report under SEBI's Regulation 13 for the quarter ended March 31, 2025, submitted by its Registrar and Share Transfer Agent, Beetal Financial & Computer Services Pvt Ltd. The investor grievance report shows zero complaints pending, received, disposed, or unresolved during the quarter. The share capital reconciliation confirms no change in the total share base of 30,00,000 equity shares held by 1,618 shareholders as on March 31, 2025 compared to December 31, 2024. Notably, 99.96% of shares (29,98,800) are still held in physical form, with only 0.04% (1,200 shares) in demat with NSDL and none with CDSL. No demat or remat requests were received during the quarter.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. While the clean grievance record is mildly positive, the extremely low dematerialization rate (0.04%) is a minor red flag indicating limited trading liquidity and outdated shareholding practices for a listed company.