Kore Mobile submits Regulation 74(5) certificate to NSE for March 2025 quarter

NOOR MOHMMED

    14/Apr/2025

  1. Kore Mobile submitted Regulation 74(5) certificate for March 2025 quarter to NSE.

  2. The certificate confirms proper dematerialisation and compliance by share transfer agent MUFG.

  3. Filing assures investor confidence in Kore Mobile’s regulatory practices and transparency.

Jay Jalaram Technologies Limited, operating under the brand name Kore Mobile, has officially submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending on March 31, 2025.

This regulatory filing was addressed to the Listing Compliance Department of the National Stock Exchange of India (NSE), where the company is listed under the symbol KORE and with the ISIN INE0J6801010.

What is Regulation 74(5)?

Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 mandates that depository participants and share transfer agents ensure that securities submitted for dematerialisation are verified, cancelled, and updated in the company’s records accurately and promptly.

It also requires companies to submit a confirmation certificate to the stock exchanges confirming this process has been completed for the quarter in question.

Certificate Submission for March 2025 Quarter

In line with this regulation, Kore Mobile has submitted the confirmation certificate received from their Registrar and Share Transfer Agent (RTA), which is MUFG Intime India Private Limited, formerly known as Link Intime India Pvt. Ltd..

This certificate affirms that:

  • All security certificates received for dematerialisation during the quarter ending March 31, 2025 have been properly handled.

  • The securities were mutilated and cancelled after proper verification.

  • The name of the depositories has been substituted in the register of members as the registered owner.

  • The process has been completed within the timelines prescribed under SEBI regulations.

Role of MUFG Intime India Pvt. Ltd.

MUFG Intime India Private Limited has been serving as the RTA (Registrar and Share Transfer Agent) for Kore Mobile. Their role includes:

  • Receiving physical share certificates submitted for dematerialisation.

  • Coordinating with depositories like NSDL and CDSL to ensure smooth and secure processing.

  • Verifying documents, updating records, and maintaining transparency throughout the process.

  • Sending confirmation certificates to listed companies for regulatory submissions.

Their proactive and accurate services are essential in helping listed companies like Jay Jalaram Technologies Limited maintain compliance with SEBI regulations and uphold investor trust.

Corporate Governance and Transparency

This filing reaffirms Kore Mobile’s commitment to regulatory transparency, corporate governance, and shareholder communication. By filing such updates promptly and in compliance with SEBI’s LODR and Depositories Regulations, the company ensures that:

  • Stakeholders are kept informed.

  • Shareholding data remains accurate.

  • Investor confidence is strengthened.

  • The company’s stock remains in good standing on the National Stock Exchange (NSE).

Company Profile

  • Company Name: Jay Jalaram Technologies Limited

  • Brand: Kore Mobile

  • CIN: L32202GJ2012PLCO68660

  • ISIN: INE0J6801010

  • Stock Symbol: KORE

  • Registered with: National Stock Exchange of India Limited

  • Quarter Covered: January to March 2025

Statement from the Company

In the official communication dated 14th April 2025, Mukesh Prajapat, Company Secretary and Compliance Officer of Jay Jalaram Technologies Limited, signed off the submission with a formal statement confirming:

"With reference to the above cited subject, please find enclosed herewith the Confirmation Certificate received from M/s. MUFG Intime India Private Limited... You are requested to take the above on your record."

This clearly showcases the company’s structured approach to regulatory communication and compliance integrity.


Summary

  • Jay Jalaram Technologies Limited (Kore Mobile) has complied with Regulation 74(5) for the quarter ending March 31, 2025.

  • The confirmation certificate from MUFG Intime India Pvt. Ltd. validates that securities were dematerialised as per SEBI norms.

  • The company continues to demonstrate strong corporate governance and compliance transparency in all its regulatory filings.


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