SBI Cards and Payment Services has received a certificate confirming compliance with SEBI regulations related to depositories and participants. The certificate, dated January 8, 2026, verifies that there were no requests for dematerialization of securities during the quarter ended December 31, 2025. As a result, certain regulatory requirements are not applicable to the company for that period.
Certificate of Compliance
SBI Cards and Payment Services has announced the receipt of a certificate regarding compliance with the SEBI (Depositories and Participants) Regulations, 2018. This announcement was made on January 8, 2026.
Details of the Certificate
The certificate, issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), confirms that no requests for dematerialization of securities were received by either the company or the Registrar and Share Transfer Agent (RTA) during Q3 (Oct-Dec) 2025, specifically the quarter ending December 31, 2025.
Implication of Compliance
Because no requests for dematerialization were received, the requirements outlined in Regulation 74(5) of the SEBI regulations are not applicable to SBI Cards for the quarter ending December 31, 2025. This certificate ensures adherence to regulatory standards for depositories and participants in the securities market.
Source: BSE
