Pursuant to Regulation 74(5) of SEBI(Depositories and Participants) Regulations 2018, please find enclosed herewith a confirmation certificate received from Alankit Assignments Limited ....
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Timex Group India has submitted a confirmation certificate received from its Registrar and Share Transfer Agent (RTA), Alankit Assignments Limited, as required under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates the RTA to confirm that share certificates received for dematerialisation have been duly processed or rejected within the stipulated time. The filing is a routine compliance submission with no reference to any business activity, financials, or share movement.
This is a standard regulatory compliance filing with no material impact on operations, financials, or share price. Investors need not take any action or read into this as a positive or negative signal.