Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for quarter ended 30.09.2023.
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Sanghvi Brands Ltd has submitted a routine compliance certificate to BSE under SEBI's Depository Regulations for the quarter ending September 30, 2023. The certificate was issued by Bigshare Services Private Limited, the company's Registrar and Share Transfer Agent. Bigshare confirmed that the regulation is not applicable to the company because all of Sanghvi Brands' shares are already held in dematerialised (demat) form. Additionally, no shareholder requests for dematerialisation or rematerialisation were received during the quarter. The letter was filed with BSE on March 24, 2026, showing a significant delay from the quarter-end date.
This is a routine procedural filing with no impact on shareholders or the stock price. It simply confirms that all shares are in demat form and no share conversion activity occurred during the quarter, indicating stable shareholding records.