Certificate under Regulation 74(5) of SEBI (DP) Regulations is attached herewith.
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V.B. Desai Financial Services has submitted to BSE the quarterly certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2025. The certificate, issued by the company's Registrar and Transfer Agent Purva Sharegistry India Pvt Ltd on October 1, 2025, confirms that all share certificates received for dematerialization during the quarter were duly processed, confirmed or rejected, and the corresponding entries updated in the register of members within the required timelines. This is a routine compliance disclosure with no operational or financial data involved.
No material impact on shareholders or stock price. This is a standard procedural filing demonstrating the company is meeting its quarterly compliance obligations related to share dematerialization.