Federal Bank has received a certificate regarding compliance with Securities and Exchange Board of India (Depositories and Participants) Regulations for the quarter ended September 30, 2025. The certificate confirms that securities received for dematerialization have been processed correctly and that all related procedures have been duly completed, and confirms compliance with regulatory standards.
Compliance Certificate Received
Federal Bank has received a certificate concerning compliance with the requirements outlined in the Depositories and Participants Regulations. The certificate specifically addresses Regulation 74(5) of the regulatory framework, ensuring adherence to standards for handling securities during dematerialization.
Details of the Certification
The certificate confirms that securities received from Depository Participants for dematerialization during the quarter ended September 30, 2025, were confirmed (accepted/rejected) by the registrar and transferred agent to the depositories. It also confirms that securities comprised in the said certificates have been listed on the stock exchanges.
The certificate also confirms that security certificates received for dematerialisation have been mutilated and cancelled after due verification by the depository participant. The name of the depositories have been substituted in register of members as the registered owner, within 15 days.
Source: BSE
