Modipon Limited has officially submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This certificate, issued by their Registrar and Share Transfer Agent, Mas Services Limited, confirms that securities received from depository participants for dematerialisation during the quarter ended September 30, 2026, were processed and confirmed to depositories within the stipulated 15-day period. The company requests this information be taken on record.
Modipon Limited Submits Key SEBI Compliance Certificate
Modipon Limited has formally lodged a critical compliance document with the stock exchanges. The company has submitted a certificate confirming adherence to Regulation 74(5) of the Securities and Exchange Board of India (SEBI) (Depositories and Participants) Regulations, 2018. This certificate is crucial for demonstrating the company’s compliance with regulatory requirements concerning the dematerialisation of shares.
Details of the Certificate
The certificate was issued by Mas Services Limited, acting as the Registrar and Share Transfer Agent for Modipon Limited. It specifically covers the financial quarter that concluded on September 30, 2026. Mas Services Limited has confirmed that all securities received from depository participants for the purpose of dematerialisation during this period were duly processed and confirmed to the respective depositories. This confirmation was achieved within the mandated timeframe of 15 days from the receipt of the securities.
Confirmation of Security Handling
Furthermore, the certificate from Mas Services Limited also attests that the security certificates submitted for dematerialisation have been duly mutilated and cancelled after verification. The name of the depositories has been substituted as the registered owner in the company’s records, again within the 15-day regulatory limit. The Register of Members has also been updated accordingly to reflect these changes. Modipon Limited has requested that this information be noted and recorded.
The submission of this certificate is a routine but important regulatory compliance, ensuring transparency and the efficient handling of share transfers and dematerialisation processes for the company’s shareholders.
Source: BSE
