On January 16, 2025, Consolidated Finvest & Holdings Limited announced the submission of its compliance certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018, for the quarter ending December 31, 2024. The confirmation certificate, issued by its Registrar and Transfer Agent (RTA), M/s MUFG Intime India Pvt. Ltd., highlights the adherence to all prescribed dematerialization procedures during the reported period.

Dematerialization Process Overview

The compliance certificate confirms the following key aspects of the dematerialization process:

• Verification: All securities received for dematerialization from depository participants were thoroughly verified.
• Confirmation/Rejection: Securities were either confirmed or rejected as per SEBI regulations, with appropriate actions taken on each request.
• Mutilation and Cancellation: Share certificates accepted for dematerialization were mutilated and canceled after due verification, ensuring no further physical use.
• Transfer of Ownership: The names of respective depositories were substituted in the register of members, making them the registered owners of the dematerialized shares.

SEBI Compliance Significance

Adhering to SEBI Regulation 74(5) ensures that companies maintain transparency and integrity in their depository operations. It also safeguards shareholder interests by confirming timely updates to depositories and adherence to prescribed timelines.

Certificate Issuer Details

The compliance certificate was provided by MUFG Intime India Pvt. Ltd., formerly known as Link Intime India Pvt. Ltd., which serves as the RTA for Consolidated Finvest. This document certifies that the entire process was conducted in line with SEBI's regulatory framework.

Implications for Stakeholders

This submission demonstrates Consolidated Finvest’s commitment to compliance, ensuring that all necessary protocols are followed during the dematerialization of shares. It also underscores the company’s focus on protecting investor interests while maintaining its credibility in the financial markets.

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By aligning with SEBI’s guidelines, Consolidated Finvest reinforces its dedication to fostering trust and transparency in the financial ecosystem.