Bikewo Green Tech sees no demat or remat requests in Q4 FY25

NOOR MOHMMED

    14/Apr/2025

  • BikeWo Green Tech filed a compliance statement confirming zero share demat or remat requests in Q4 FY25.

  • SEBI Regulation 74(5) is not applicable as all shares remain in fully dematerialised form.

  • Bigshare Services Pvt. Ltd. issued the confirmation, supporting compliance with depository rules.

BIKEWO GREEN TECH LIMITED (formerly Bikewo Greentech Private Limited) has officially confirmed that there were no requests for share dematerialisation or rematerialisation during the quarter ended March 31, 2025. The company, listed on the National Stock Exchange of India Limited (NSE) under the symbol BIKEWO, filed a compliance communication in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

In a letter dated April 14, 2025, addressed to the Manager of the NSE, the company’s Chairman and Managing Director, Mr. Manideep Katepalli (DIN: 07840019), submitted the compliance certificate issued by Bigshare Services Pvt. Ltd., the company’s Registrar and Share Transfer Agent (RTA).


Regulation 74(5) Explained

Under SEBI Regulation 74(5), depositories and RTA agents must report:

  • Any requests received for dematerialisation or rematerialisation of securities.

  • Status and processing details for such requests.

  • Final cancellation and system update of physical certificates where applicable.

Even in cases where no transactions or requests occur, companies must file a non-applicability certificate with the exchange to ensure continuous regulatory transparency.


Bigshare Services Pvt. Ltd. Certificate Details

In a communication dated April 5, 2025, Bigshare Services confirmed:

“We hereby confirm that the said Regulation is not applicable to the Company as the entire holding of the Company's shares are in demat form and we have not received any request from any members of the Company for rematerialisation or dematerialization during the quarter ended on March 31st, 2025.”

This official response ensures that BikeWo Green Tech remains in full compliance with SEBI’s regulatory requirements.


About BikeWo Green Tech Limited

Company Name: BikeWo Green Tech Limited
CIN: [UIN not mentioned in the filing]
Registered Office:
Plot No. 502 B, Amara Jyothi Road No. 31, Jubilee Hills, Hyderabad – 500033
???? Email: info@bikewo.in
???? Website: www.bikewo.in

BikeWo Green Tech Limited is an emerging player in India’s electric mobility and sustainable transportation space, focusing on EV distribution, service, and infrastructure development. As part of its mission to electrify India, the company aims to drive green innovation and accelerate the adoption of eco-friendly mobility solutions.


Why This Matters to Investors

The company’s confirmation of full dematerialisation offers several advantages to its shareholders and stakeholders:

  • Reduced paperwork and physical risks related to holding share certificates.

  • Improved liquidity and ease of trading.

  • Strong internal controls and corporate governance practices, as highlighted by its prompt regulatory compliance.

Such filings further indicate the company’s readiness to operate within a regulated environment, enhancing investor confidence and paving the way for potential institutional interest.


Summary

  • BikeWo Green Tech has maintained 100% dematerialised shareholding throughout Q4 FY25.

  • There were no investor-initiated share transfers (neither demat nor remat) during the period.

  • The certificate from Bigshare Services Pvt. Ltd. confirms Regulation 74(5) is non-applicable.

  • This reinforces the company’s compliance culture and commitment to SEBI regulations.


    Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.


    Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.

Related News
onlyfans leakedonlyfan leaksonlyfans leaked videos