Sheela Foam Limited has informed the Exchange about Certificate under Reg 74 (5) of SEBI (Depositories and Participants) Regulations, 2018
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Sheela Foam Limited has submitted a certificate from its Registrar and Transfer Agent (RTA) to the stock exchange under Regulation 74(5) of SEBI's Depositories and Participants Regulations. This certificate confirms that physical shares surrendered by shareholders for dematerialization have been duly converted into electronic (demat) form. This is a routine quarterly compliance filing required of all listed companies. No specific numbers regarding the count or value of dematerialized shares have been disclosed in the announcement. The filing does not involve any corporate action, fund raise, or change in business operations.
This is a standard regulatory compliance disclosure with no material impact on the stock price, business, or shareholder value.