Kirloskar Pneumatic Company Limited issued a certificate confirming compliance with Regulation 74(5) for securities dematerialized between February 1, 2026, and February 28, 2026. The company verified that the Registrar and Transfer Agent, MUFG Intime India Private Limited, has successfully mutilated and cancelled the physical certificates. All related details have been substituted and confirmed with the depositories (NSDL and CDSL), ensuring the securities are listed on the Stock Exchanges (BSE/NSE).
Compliance Statement for Depositories
Kirloskar Pneumatic Company Limited, through its Company Secretary & Head Legal, Jitendra R. Shah, has issued a formal certificate to the BSE Limited and the National Stock Exchange of India Limited on March 12, 2026. This communication addresses the requirements under Regulation 74(5) concerning the handling of securities for dematerialization.
Key Confirmation Details
The company confirmed receipt of verification from its Registrar and Transfer Agent, M/s. MUFG Intime India Private Limited (formerly Link Intime India Private Limited). Specifically, the following period for dematerialization requests was certified:
- Period Covered: February 1, 2026, to February 28, 2026.
It is certified that all securities received during this period were duly verified, the physical certificates were mutilated and cancelled, and the name of the depository has been substituted as the registered owner within the prescribed time limit.
Listing Confirmation
Furthermore, Kirloskar Pneumatic certified that the securities which underwent dematerialization are currently listed on the Stock Exchanges where the earlier issued securities were already traded, ensuring continuity for shareholders.
Confirmation from Registrar and Transfer Agent
The confirmation letter from MUFG Intime India Private Limited, dated March 12, 2026, reiterates these findings. They confirmed that securities received from depository participants for dematerialization within the specified period were accepted, and the certificates were mutilated and cancelled. The substitution of the depository name as the registered owner was completed within 15 days of certificate receipt.
Distribution and Record Keeping
The necessary compliance information has been submitted to the Stock Exchanges (BSE/NSE) and copied to the key depositories, including the National Securities Depository Limited (NSDL) and the Central Depository Services India Limited (CDSL), Mumbai, for their records.
Source: BSE
