Please find enclosed herewith the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 1996 for the quarter ended 30th June, 2025.
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Vallabh Steels has submitted a compliance certificate under SEBI's Regulation 74(5) for the quarter ended 30 June 2025. The certificate, issued by Mas Services Limited (the company's Registrar and Share Transfer Agent), confirms that all securities received from Depository Participants for dematerialisation between 1 April 2025 and 30 June 2025 were processed and confirmed to the depositories within the 15-day statutory timeline. It further confirms that the physical share certificates received were mutilated and cancelled after due verification, and the depository's name was substituted as the registered owner in the company's records. The letter was signed by Company Secretary Pooja Malhotra on 15 July 2025.
This is a routine procedural compliance filing required every quarter and has no material impact on the company's business, financials, or share price. It simply confirms that share dematerialisation requests were handled on time.