Thermax Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Thermax Limited has submitted a routine compliance certificate to BSE and NSE for the quarter ended June 30, 2025, as required under SEBI's Depositories Regulations. The certificate, issued jointly with its Registrar KFin Technologies Limited, confirms that all share certificates received for dematerialization during the quarter were mutilated and cancelled within 15 days, and the depository's name was recorded as the registered owner. It also confirms that the dematerialized securities remain listed on the stock exchanges. The filings have been made separately with both NSDL and CDSL.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms that Thermax's share dematerialization processes are functioning in line with SEBI rules.