Gujarat Mineral Development Corporation (GMDC) has received a confirmation certificate from its Registrar and Share Transfer Agent (RTA), MCSSTA Ltd., concerning the handling of securities during the quarter ended September 30, 2025. The certificate confirms compliance with regulatory requirements related to dematerialization. This announcement was officially released on October 9, 2025.
Confirmation of Regulatory Compliance
Gujarat Mineral Development Corporation (GMDC) has announced the receipt of a confirmation certificate from MCSSTA Ltd., the company’s Registrar and Share Transfer Agent (RTA). This certificate pertains to the regulations governing depositories and participants.
Details of the Certificate
The certificate confirms that all securities received for dematerialization during the quarter ended September 30, 2025, have been duly processed. MCSSTA Ltd. has confirmed these securities to the depositories and verified that they are listed on the relevant stock exchanges.
Handling of Security Certificates
The announcement also confirms that all security certificates received for dematerialization have been properly mutilated and cancelled following verification by the depository participant. Furthermore, the names of the depositories have been substituted in the register of members within 15 days, aligning with standard procedures. The date of the certificate is October 7, 2025, and the announcement was made on October 9, 2025.
Source: BSE