Mini Diamonds (India) Limited, listed under BSE Code: 523373, has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 with the Bombay Stock Exchange (BSE) for the quarter ended June 30, 2025. This regulation mandates listed companies to confirm that all physical share certificates submitted for dematerialisation have been duly cancelled and appropriate changes recorded in the Register of Members.

The filing, dated July 1, 2025, was issued by Mr. Upendra Shah, Managing Director of Mini Diamonds, and includes the compliance certificate from Purva Sharegistry (India) Private Limited, the Registrar and Transfer Agent (RTA).

According to the certificate issued by Ms. Deepali Dhuri, Compliance Officer at Purva Sharegistry, all securities received from depository participants for dematerialisation during the quarter were verified, accepted or rejected, and the physical share certificates were mutilated and cancelled. Furthermore, names of the depositories were updated in the Register of Members within the stipulated timelines, ensuring full compliance with SEBI regulations.

The report provided includes a detailed breakdown of each dematerialisation transaction, listing folio numbers, shareholder names, certificate numbers, distinctive share numbers (from–to), total shares dematerialised, and dates of demat confirmation.

Some key highlights from the list of dematerialised transactions during Q1 FY26 include:

• MYTHILI LAKSHMANAN: Certificate No. 0016147, 100 shares dematerialised on April 11, 2025.

• KANCHANBEN NAVINCHANDRA SHAH: Multiple certificates dematerialised totaling 500 shares on April 14, 2025.

• SUBHASH CHANDRA ANAND: Dematerialised certificates across April 16 and 17, 2025, for multiple lots of 100 shares each.

• YOGESH NAROTTAMDAS SHAH: A significant bulk dematerialisation of 2,45,900 shares in two tranches on June 11, 2025.

• VIKAS SOMANI, DR. ASOKKUMAR GUPTA, and M.A. VARGHESE were among other shareholders whose certificates were processed and cancelled post-verification.

Each transaction record adheres to regulatory practices, showcasing transparency and systematic handling of share certificate dematerialisation. The cumulative records suggest an efficient operational process by the company's RTA in meeting the standard compliance requirements.

The RTA confirmed that:

• All share certificates were processed and confirmed to the respective depositories.

• Physical certificates were cancelled after due verification.

• The register of members was updated with the names of NSDL/CDSL as depository participants as per standard dematerialisation procedures.

This quarterly filing not only demonstrates Mini Diamonds (India) Limited’s commitment to regulatory compliance, but also provides investors and stakeholders confidence in the company's adherence to transparency, governance, and investor servicing standards.

The regulation under which this certificate is issued — Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 — is a critical safeguard in the Indian capital markets, ensuring that once physical share certificates are dematerialised, there is no duplication or misuse.

Purva Sharegistry (India) Pvt. Ltd., which acts as the Registrar and Transfer Agent for Mini Diamonds, is entrusted with timely dematerialisation handling and investor servicing. The compliance report submitted includes demat data spanning over 70 individual entries and reflects strong internal controls and timely coordination with depositories.

The acknowledgment of this report by BSE Limited is part of the ongoing regulatory disclosures required by all listed entities to uphold SEBI’s transparency and accountability mandates.

The total shares dematerialised during the quarter reflect a healthy pace of physical to electronic share conversion, indicative of shareholder engagement with demat infrastructure and growing digitisation in Indian capital markets.

As per Mini Diamonds’ disclosure, there were no discrepancies or delays reported, underscoring smooth RTA coordination and document verification mechanisms in place. The reporting period from April 1, 2025, to June 30, 2025, concludes without any investor grievance related to demat processing delays.

The full list of shareholders, certificate numbers, distinguished number ranges, and dates of dematerialisation ensures transparency and facilitates audit verification by both internal and statutory bodies.

This quarterly compliance not only supports investor confidence but also contributes to the ongoing digitisation push by SEBI in eliminating paper-based securities and enhancing market integrity and efficiency.

The Upcoming IPOs in this week and coming weeks are Anthem Biosciences, Chemkart India, Meta Infotech, Happy Square Outsourcing Services, Cryogenic OGS, Crizac, .

The Current active IPO are Silky Overseas, Vandan Foods, Pushpa Jewellers, Cedaar Textile, Marc Loire Fashions, Neetu Yoshi, Adcounty Media India.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.