Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2025
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Welterman International has submitted a routine compliance certificate for the quarter ended March 31, 2025, as required under SEBI's Depositories and Participants Regulations, 2018. The certificate, issued by the company's Registrar and Share Transfer Agent (MUFG Intime India Private Limited), confirms that all share certificates received for dematerialization during the quarter were duly processed and confirmed to the depositories. It also confirms that the physical certificates were mutilated and cancelled after verification, with the depository's name entered as the registered owner in the member register within the prescribed timelines. This is a standard procedural filing with no financial or business details disclosed.
No material impact on shareholders or stock price. This is a routine quarterly compliance requirement confirming proper handling of dematerialization requests, with no change to the company's fundamentals or operations.