Announced Wed, 8 Apr · 11:59 IST

R M Drip and Sprinklers Systems Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

RMDRIP · price

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Price reaction · full curve 14 horizons · vs prior close
-4.7%1-day move
₹27.61
prior close
₹27.93
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+0.6-0.1+1.5-4.7-2.4-6.4-11.3-14.1-19.5-20.8-29.2-42.2-31.5
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AI summary

R M Drip and Sprinklers Systems Limited has filed a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ending 31st March 2026. The certificate, issued by Bigshare Services Pvt. Ltd. (the company's registrar and transfer agent), confirms that the regulation is not applicable to the company. This is because 100% of the company's shares are held in dematerialized (demat) form, and no shareholder requests for rematerialization were received during the quarter. The filing was signed by Managing Director Atharva Nivrutti Kedar on 8th April 2026 and submitted to both NSE and BSE.

Likely market impact

This is a routine regulatory compliance filing with no direct impact on the stock price. It indicates the company maintains full dematerialization of shares, which is a standard practice for listed companies.