We are hereby submitting a certificate issued by Satellite Corporate Services Private Limited (RTA), Registrar and Share Transfer Agent of the Company confirming the compliance of Regulation ....
Awaiting price reaction for this filing.
Kome-On Communication Ltd has submitted to BSE a certificate from its Registrar and Share Transfer Agent (RTA), Satellite Corporate Services Private Limited, confirming compliance with SEBI Regulation 74(5) for the quarter ended 31 December 2024. This regulation deals with the handling of physical share certificates received for dematerialization (conversion of physical shares into electronic/demat form). The RTA confirmed that the securities comprised in any such certificates are listed on stock exchanges, and that verified certificates are mutilated, cancelled, and the depository is recorded as the registered owner. Importantly, the RTA noted that no physical share certificates were received from the company for dematerialization during the quarter, meaning there was nothing to process under this regulation for the period.
This is a routine, procedural regulatory compliance filing with no material impact on the company's business, financials, or stock price. It simply confirms that the company is meeting its standard quarterly obligations regarding share dematerialization, and the fact that no physical certificates were received indicates shareholders have already moved to demat form.