Geekay Wires reports no share transfers or demat requests in Q4 FY25

NOOR MOHMMED

    14/Apr/2025

  • Geekay Wires Limited reports no share rematerialisation or dematerialisation activity during Q4 FY25.

  • Entire shareholding remains in dematerialised form, confirming compliance with SEBI Regulation 74(5).

  • Confirmation provided by Bigshare Services Pvt. Ltd., the company's Registrar and Share Transfer Agent.

Geekay Wires Limited, a manufacturer of galvanized steel wires, wire products, stainless steel nuts & bolts, and collated nails, has submitted its quarterly compliance confirmation under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2025.

In a filing dated April 14, 2025, the company disclosed that there were no requests for rematerialisation or dematerialisation of shares from any shareholder during Q4 of the financial year 2024–2025. The disclosure was supported by a compliance certificate from Bigshare Services Private Limited, the company’s Registrar and Share Transfer Agent (RTA).


What is Regulation 74(5)?

SEBI Regulation 74(5) requires depository participants and RTA agents to report:

  • The status of dematerialisation and rematerialisation of shares.

  • Any requests received and processed during the quarter.

  • Ensuring prompt cancellation of certificates and update of records by issuers.

If no such requests are received or processed, the company and its RTA are still required to submit a non-applicability certificate to the stock exchange as a matter of compliance and transparency.


Key Highlights from Geekay Wires’ Filing

  • No demat or remat requests were received from shareholders during the quarter ended March 31, 2025.

  • The entire shareholding of the company continues to remain in dematerialised (electronic) form.

  • The update was officially communicated to the National Stock Exchange of India Limited (NSE), where the company is listed under the symbol GEEKAYWIRE.

  • The Company Secretary and Compliance Officer, Ms. Kirti Gupta, signed off on the submission on behalf of the company.


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