Max Heights Infrastructure Limited, a leading real estate and infrastructure company in India, has submitted its Regulation 74(5) compliance certificate under the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September 2025. The submission was made to the Bombay Stock Exchange (BSE) and the Calcutta Stock Exchange (CSE) as part of the mandatory compliance filings for listed companies in India.

The company, incorporated under CIN L67120DL1981PLC179487, operates primarily in the real estate and infrastructure sectors with a focus on residential and commercial projects across Delhi and other regions. The registered office is located at SD-65 Tower Apartment, Pitampura, New Delhi – 110034, and the company’s filings demonstrate its commitment to regulatory adherence and corporate governance.

The Regulation 74(5) certificate pertains to the verification of share dematerialisation activities for the reporting quarter. According to the filing, no physical share certificates were received for dematerialisation during the quarter ended 30th September 2025. The certificate was issued by Skyline Financial Services Private Limited, which acts as the Registrar and Share Transfer Agent (RTA) for the company.

This certificate plays a crucial role in ensuring compliance with SEBI regulations by confirming the status of physical share certificates and their conversion into electronic form. Regulation 74(5) requires all listed companies to ensure that shares submitted for dematerialisation are verified, appropriately cancelled, and recorded in the depository system.

Skyline Financial Services Private Limited, a Category-1 SEBI-registered RTA, issued the certificate on 03rd October 2025. The certificate confirms that no physical shares were received from any depository participants for dematerialisation during the reported quarter. This confirmation ensures transparency in securities management and aligns with SEBI’s objective of digitising all listed company shares for better security and investor confidence.

The letter addressed to the company secretary of Max Heights Infrastructure Limited reaffirms the RTA’s verification and compliance role in the dematerialisation process. It also underscores the company’s fully dematerialised shareholding structure, indicating that all shareholders hold their equity in electronic form.

The certificate further ensures that all corporate actions related to shareholding, including transfers, dematerialisation, and rematerialisation, are accurately tracked and reported to the relevant stock exchanges, which in this case include BSE and CSE. The accurate maintenance of shareholder data is critical for investor confidence and regulatory compliance, especially in India’s fast-growing capital markets.

The compliance certificate also serves as a testament to the company’s commitment to corporate governance standards. Sonali Mathur, Company Secretary and Compliance Officer of Max Heights Infrastructure Limited, holds Membership No. A62205 and oversees regulatory filings, ensuring timely and accurate submissions to the stock exchanges. This proactive compliance approach demonstrates the company’s dedication to transparency and adherence to SEBI guidelines.

The Regulation 74(5) compliance filing has broader significance in the context of India’s capital markets. SEBI introduced this regulation to ensure that physical share certificates submitted for dematerialisation are properly verified, cancelled, and recorded electronically. This process reduces the risk of loss, forgery, or duplication of share certificates, safeguarding investor interests.

For Max Heights Infrastructure Limited, the filing confirms that the company maintains a fully digitised shareholding structure, which is a significant milestone for both the company and its investors. This fully electronic structure not only improves efficiency in corporate actions but also ensures a secure and transparent record of all shareholder transactions.

The company’s ongoing compliance with SEBI regulations also strengthens its credibility among investors and regulators. By submitting the Regulation 74(5) certificate for the quarter ended September 2025, the company demonstrates its commitment to maintaining high standards of governance, accurate recordkeeping, and investor protection.

Skyline Financial Services Private Limited, headquartered in New Delhi with an office in Mumbai at A-506, Dattani Plaza, Andheri Kurla Road, Mumbai – 400072, manages the dematerialisation, rematerialisation, and transfer of shares for multiple listed companies, including Max Heights Infrastructure Limited. Their role ensures that all securities transactions are executed in compliance with SEBI regulations and stock exchange requirements.

The filing for this quarter also highlights that the company has maintained a consistent and smooth cooperation with its RTA, ensuring that all investor-related processes, including dematerialisation requests, are efficiently handled. This process not only reinforces regulatory compliance but also strengthens investor trust and transparency in the company’s operations.

The digitisation of shares and elimination of physical certificates is a major regulatory push by SEBI to make the Indian stock market more secure and efficient. Companies like Max Heights Infrastructure Limited are actively participating in this initiative, showing their readiness to adapt to modern corporate governance standards.

Additionally, the company’s prompt and accurate filings ensure that stock exchanges receive timely updates about the status of dematerialisation requests. This transparency is crucial for maintaining investor confidence, as shareholders can be assured that their holdings are safely recorded in electronic format and managed efficiently.

The submission of this certificate also demonstrates the role of the Company Secretary and Compliance Officer in maintaining SEBI compliance and coordinating with the RTA for all filings. Sonali Mathur, in this case, ensures that all regulatory deadlines are met and the company remains fully compliant with SEBI requirements.

By ensuring that no physical certificates were pending for dematerialisation, Max Heights Infrastructure Limited reinforces the integrity of its shareholding records. This aligns with SEBI’s broader objective of complete electronic record-keeping of securities, which enhances transparency and reduces operational risks associated with physical share certificates.

In conclusion, the submission of the Regulation 74(5) certificate for the quarter ended 30th September 2025 by Max Heights Infrastructure Limited reflects its commitment to corporate governance, regulatory compliance, and investor protection. The company’s proactive approach, combined with the diligent work of Skyline Financial Services Pvt. Ltd., ensures that all shareholder transactions are accurately recorded and fully compliant with SEBI regulations.

This consistent compliance contributes to the company’s credibility in the capital markets, reassures shareholders about the safety of their investments, and strengthens the company’s reputation as a responsible and transparent listed entity. Max Heights Infrastructure Limited continues to uphold high standards of corporate governance, ensuring trust, transparency, and efficiency in all its financial and regulatory operations.

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