Please find attached the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018
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Vaarad Ventures Ltd has submitted a quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended December 31, 2025. The certificate was issued by their Registrar and Share Transfer Agent (RTA), Bigshare Services Private Limited. It confirms that no dematerialization requests (conversions of physical shares into demat form) for equity shares of the company were received during the period October 1, 2025 to December 31, 2025. This is a routine, mandatory quarterly filing required for all listed companies under SEBI's depository regulations.
This is a routine regulatory compliance disclosure with no material impact on shareholders or stock price. It simply confirms the absence of share dematerialization activity during the quarter and is filed by virtually every listed company on a quarterly basis.