Value Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Awaiting price reaction for this filing.
Value Industries Limited has submitted a quarterly compliance certificate to the stock exchanges and depositories (NSDL and CDSL) for the October–December 2024 quarter. The certificate, issued by the company's Registrar and Share Transfer Agent (MCS Share Transfer Agent Limited), confirms that all securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories. It also confirms that the underlying shares are listed on stock exchanges and that physical certificates received for demat were mutilated and cancelled after verification. The filing was signed by Director Amol Mandlik (DIN: 10367846) on January 30, 2025. The company continues to be under the Corporate Insolvency Resolution Process (CIRP) following NCLT orders from September 2018.
This is a routine, procedural compliance filing with no direct impact on shareholders or the stock price. However, investors should note that the company has been under CIRP since 2018, which remains the key backdrop for any investment decision.