Indo Rama Synthetics submits SEBI Regulation 74(5) certificate for Q1 FY26 to BSE, NSE

NOOR MOHMMED

    05/Jul/2025

  • Indo Rama files Regulation 74(5) compliance certificate for Q1 FY26 with BSE and NSE.

  • Confirms share certificates were verified, cancelled, and replaced with depository records.

  • Filing underscores SEBI compliance and investor transparency for listed companies.

Indo Rama Synthetics Submits SEBI Regulation 74(5) Compliance Certificate for Q1 FY26

Indo Rama Synthetics (India) Limited, one of India’s prominent polyester producers, has informed the BSE Limited and National Stock Exchange of India Limited (NSE) about its regulatory compliance under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 June 2025 (Q1 FY26).

In its official communication dated 4th July 2025, the company confirmed submission of the certificate received from its Registrar and Share Transfer Agent (RTA), M/s MCS Share Transfer Agent Limited. The certificate verifies that share certificates received for dematerialisation during the quarter have been duly verified, mutilated, and cancelled, with the depositories recorded as the new registered owners.


Compliance as per SEBI Norms

Regulation 74(5) mandates that within 15 days of receiving securities for dematerialisation, the issuer company and its RTA must:

  • Verify that the securities are listed on the exchanges where existing securities are listed.

  • Mutilate and cancel the physical share certificates.

  • Replace the physical holder with the depository as the registered owner in company records.

The company’s filing states:

"...share certificates have been duly mutilated and cancelled and the name of the depository has been substituted as the Registered owner of those dematerialized Equity Shares for the quarter ended 30th June, 2025."


Filing Details and Stakeholder Transparency

Indo Rama’s letter was addressed to both the Corporate Listing Department of NSE and the Corporate Relations Department of BSE through their respective online platforms, NEAPS and BSE Listing Centre.

Stock codes:

  • BSE: 500207

  • NSE: INDORAMA

  • ISIN: INE156A01020

By making this disclosure, Indo Rama continues to demonstrate compliance with SEBI’s investor-protection framework and maintain transparency with shareholders and market participants.


Certificate by Registrar and Share Transfer Agent

The enclosed certificate from MCS Share Transfer Agent Limited confirms that:

  • All securities received for dematerialisation during the quarter were listed on the exchanges.

  • After verification, certificates were mutilated and cancelled.

  • Depositories (NSDL and CDSL) were recorded as the registered owners.

MCS STA's letter was dated 4 July 2025 and signed by its Authorised Signatory, underscoring their role as SEBI-registered transfer agents in safeguarding investor interests.


Company Profile

Indo Rama Synthetics (India) Limited (CIN: L17124MH1986PLC166615) is a leading manufacturer of polyester products with its Registered Office and Manufacturing Complex at Butibori, Nagpur, Maharashtra and its Corporate Office at Gurugram, Haryana.

It is engaged in the production of polyester staple fibre (PSF), filament yarn (PFY), and related products, serving domestic and international markets. The company is recognised for its commitment to quality, sustainability, and compliance with regulatory frameworks.


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