Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st March 2025
SHARDUL · price
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Shardul Securities Ltd has submitted to BSE a quarterly compliance certificate under SEBI's Depositories and Participants Regulations, 2018 for the quarter ended 31st March 2025. The certificate was issued by the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited. It confirms that all physical share certificates received for dematerialization during the quarter were properly processed (accepted or rejected) with the depositories, and the dematerialized securities have been listed on the stock exchange. It also confirms that the physical certificates were mutilated and cancelled, and the depositories' names have been recorded as the registered owners in the company's register of members within the required timelines.
This is a routine regulatory compliance filing with no material impact on the business, financials, or share price. It simply confirms that the company's share dematerialization process is functioning as required by SEBI rules.