BEMCO Hydraulics submits SEBI Regulation 74(5) compliance for Q1 FY26
NOOR MOHMMED
18/Jul/2025
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BEMCO Hydraulics certifies proper processing of all demat requests for Q1 FY26 as per SEBI Regulation 74(5).
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Adroit Corporate Services confirms that securities were mutilated, cancelled, and listed as per norms.
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Register of members was updated within 15 days with depository names substituted as registered owners.
Belgaum, Karnataka | July 2, 2025 – BEMCO Hydraulics Limited, based in Udyambag, Belgaum, has received a compliance confirmation from its Registrar and Share Transfer Agent (RTA), Adroit Corporate Services Pvt. Ltd., regarding full adherence to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2025.
Dematerialisation Process Duly Completed
As part of the regulatory requirements, the RTA has confirmed that all securities received from depository participants for dematerialisation during the quarter were processed and responded to (accepted/rejected) promptly and appropriately to the respective depositories.
The securities that were approved for dematerialisation:
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Were mutilated and cancelled after proper verification by the depository participants.
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Were substituted with the name of the depositories in the Register of Members as the registered owners.
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The entire process was completed within 15 days, as stipulated by SEBI.
Compliance Statement by Adroit Corporate Services
The compliance certificate, dated July 2, 2025, was issued by Adroit Corporate Services Pvt. Ltd., headquartered in Andheri East, Mumbai, and signed by an authorised signatory on behalf of the RTA.
The certificate affirms that dematerialisation and cancellation procedures followed by BEMCO Hydraulics were in line with SEBI guidelines. Furthermore, it confirms that all securities involved in the process were already listed on the stock exchanges where earlier issued securities are listed.
Regulation 74(5): Ensuring Transparency and Order in Demat Operations
Under SEBI Regulation 74(5), companies and their RTAs are required to confirm that dematerialised securities have been appropriately cancelled, listed, and registered. This ensures proper audit trails, reduces fraud risk, and enforces procedural transparency for listed entities.
About BEMCO Hydraulics Limited
BEMCO Hydraulics, headquartered in Belgaum, Karnataka, is a renowned manufacturer of custom-built hydraulic presses, cylinders, and related industrial equipment. With decades of industry experience, the company is known for quality engineering solutions and robust compliance with financial and regulatory standards.
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