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Awaiting price reaction for this filing.
Saven Technologies has submitted to BSE a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 31st March 2025. The certificate was issued by XL Softech Systems Ltd, the company's Registrar and Share Transfer Agent, on 1st April 2025. It confirms that all share certificates received for dematerialization during the quarter were verified, accepted/rejected with depositories, and the corresponding physical certificates were mutilated and cancelled within the required 30-day timeline. This is a standard quarterly compliance filing with no business or financial event involved.
No impact on shareholders or stock price. This is a routine regulatory compliance filing confirming that the company's share dematerialization process is being handled correctly by its RTA. Investors can take it as a sign of good corporate housekeeping but nothing more.