Welspun Corp Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Welspun Corp has submitted a routine compliance certificate to the stock exchanges for the quarter ending March 31, 2025. The certificate was issued by its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, under SEBI's Regulation 74(5). It confirms that all physical share certificates received from shareholders for demat (conversion to electronic form) during the quarter were properly verified, confirmed or rejected with the depositories (NSDL/CDSL), and then mutilated and cancelled. The depositories' names have been entered in the company's register of members as the registered owners within the required timelines. No financial figures, share counts, or corporate actions are disclosed in this filing.
This is a standard procedural filing with no material impact on the business, financials, or share price. It simply reconfirms that Welspun Corp's share dematerialization process is working as required by SEBI rules.