This is with reference to Certificate received from our Registrar and Share Transfer Agent (RTA) U/r 74(5) of SEBI(DP)Regulations, 2018
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Visagar Financial Services has submitted a certificate from its Registrar and Share Transfer Agent (RTA), Adroit Corporate Services Pvt Ltd, under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended 31st March 2025 (Q4 FY2025). It confirms that securities received from depository participants for dematerialisation during the quarter were properly accepted or rejected by the RTA. It also confirms that physical share certificates received for demat were mutilated, cancelled, and the depository's name was substituted as the registered owner in the company's records within the required 15-day timeline.
This is a routine quarterly compliance filing with no impact on the company's financials, operations, or share price. It simply confirms that the standard dematerialisation process was carried out correctly during the January–March 2025 quarter.