USHAMART: Usha Martin Limited has informed the Exchange about Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
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Usha Martin Limited has submitted a compliance certificate to the exchange as required under SEBI's Depositories Regulations. This certificate relates to the confirmation of dematerialisation (conversion of physical shares into electronic/demat form) of the company's securities. Such filings are done by the company's Registrar and Transfer Agent (RTA) on a quarterly basis after processing share certificates received from shareholders for dematerialisation. The regulation ensures that physical share certificates, once dematerialised, are properly mutilated and cancelled to prevent misuse. This is a routine regulatory compliance submission and does not involve any corporate action, fundraising, or business change.
No material impact on shareholders or stock price. This is a standard procedural compliance filing required of all listed companies and is purely administrative in nature.