We are enclosing herewith certificate received from RTA for the Quarter ended 31st March, 2025 as per Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018
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Awaiting price reaction for this filing.
Retina Paints Ltd has submitted a quarterly compliance certificate to BSE as required under SEBI Regulation 74(5), which deals with the dematerialisation of securities. The certificate was issued by the company's Registrar and Transfer Agent (RTA), BTS Consultancy Services Private Limited, on 7 April 2025. Notably, the RTA confirmed that this regulation is not applicable to the company because the entire shareholding of Retina Paints is already held in dematerialised (demat) form, with no physical shares left to convert. The letter was signed by Madhu Solanki, Company Secretary and Compliance Officer, on 15 April 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms that 100% of the company's shares are already in demat form, which is a positive indicator of modern shareholding practices.