Enclosed Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018 for quarter ended September 30, 2025.
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Sonal Mercantile Ltd (BSE Scrip Code: 538943) submitted a compliance certificate to BSE under Regulation 74(5) of SEBI's Depositories and Participants Regulations, 2018 for the quarter ended September 30, 2025. The certificate was issued by the company's Registrar and Share Transfer Agent (RTA), Skyline Financial Services Private Limited, a SEBI-registered Category-1 RTA. The RTA confirmed that no physical share certificates were received from depository participants for dematerialization of equity shares during the quarter. This is a routine quarterly compliance requirement under SEBI rules governing share dematerialization processes.
This is a standard regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms that no physical share certificates were submitted for conversion into demat form during the quarter, indicating normal operational status of the company's share records.