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Awaiting price reaction for this filing.
Stovec Industries Ltd submitted a routine compliance certificate to BSE under Regulation 74(5) of SEBI's Depositories and Participants Regulations. The certificate, issued by MUFG Intime India Private Limited (the company's Registrar and Transfer Agent), confirms that all dematerialisation requests received from depository participants during the quarter ended March 31, 2025 were duly processed, with security certificates mutilated and cancelled and the depository's name recorded as the registered owner within SEBI-prescribed timelines. No new shares were issued and no shareholder action is required. The filing is signed by Sanjeev Singh Sengar, Company Secretary, and dated April 12, 2025.
No material impact on shareholders or the stock price. This is a standard quarterly procedural filing confirming that the company's RTA handled demat requests properly — it carries no business, financial, or strategic information.