Newmalayalam Steel Limited, formerly known as Newmalayalam Steel Private Limited, has formally submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate pertains to the quarter ended 31st March, 2025 and confirms the company's continued commitment to regulatory compliance and transparency.

This announcement was made on 14th April, 2025, through an official communication to the National Stock Exchange (NSE) SME Platform, where the company is listed under the symbol NMSTEEL and ISIN INE0TP801012.

The certificate has been issued by Kfin Technologies Limited, the Registrar and Share Transfer Agent (RTA) of Newmalayalam Steel, and affirms that all necessary details regarding securities dematerialized and rematerialized during the quarter have been duly communicated to the depositories and the stock exchange.

Understanding SEBI Regulation 74(5)

Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 mandates that for every quarter, listed companies must provide confirmation that:

• Dematerialized and rematerialized securities have been processed in compliance with regulations.

• Depositories like CDSL and NSDL have been furnished with accurate information.

• Stock exchanges have received the required updates, ensuring that records of securities movement are correctly maintained.

This regulation is crucial in ensuring transparency in shareholding patterns, efficient record keeping, and preventing any unauthorized transfer or issue of shares.

Detailed Filing Information

The communication includes two separate certificates from Kfin Technologies Limited:

1. CDSL Compliance Certificate (KFIN/CSA/CDSL/74(5) E/1):

   • Dated: 2nd April 2025

   • Addressed to Central Depository Services (India) Limited (CDSL)

   • Confirms that all required demat/remat transactions have been reported to the depository and stock exchange.

2. NSDL Compliance Certificate (KFIN/CSA/NSDL/74(5) E/1):

   • Dated: 2nd April 2025

   • Addressed to National Securities Depository Limited (NSDL)

   • Similar confirmation that records are up to date and furnished properly.

Both certificates are signed by Praveen Chaturvedi, Vice President of Kfin Technologies, and CC’d to Newmalayalam Steel Limited for internal compliance tracking.

Corporate Responsibility and Stakeholder Assurance

Varghese Vazhappily Davis, Managing Director of Newmalayalam Steel Limited, signed the covering letter to NSE, reaffirming that the company is following all regulatory requirements applicable to its listing on the NSE SME platform.

These timely disclosures serve as an important mechanism for:

• Ensuring stakeholder trust, especially among investors and regulatory authorities.

• Demonstrating corporate governance best practices.

• Avoiding any penalties or issues with non-compliance.

About Newmalayalam Steel Limited

Newmalayalam Steel Limited, headquartered in Thrissur, Kerala, has grown from its private limited roots to a publicly listed entity, focused on delivering quality steel solutions. The company continues to:

• Engage in manufacturing and distribution of structural steel and metal products.

• Expand its footprint through ethical practices and strong compliance culture.

Their registered office is located at DOOR NO: 2/546/A & 2/546/B MALA, PALLIPURAM P O, MALA, THRISSUR, KERALA, and the firm has maintained consistent communication and disclosures with regulators and stakeholders.

The Role of Kfin Technologies

Kfin Technologies Limited acts as the RTA for Newmalayalam Steel, playing a key role in:

• Managing shareholder records.

• Overseeing dematerialization and rematerialization processes.

• Ensuring Regulation 74(5) compliance through prompt certification.

The company has extensive experience supporting listed entities across India with efficient registrar and transfer services.

Importance for Shareholders

For shareholders of Newmalayalam Steel Limited, this filing means:

• Their investment records are secure and compliant with legal frameworks.

• There is no risk of unauthorized or unrecorded transfers.

• They can expect continued transparency from the company with respect to its stock exchange obligations.

The announcement provides a sense of assurance and validates the company's adherence to best practices in investor relations.

Conclusion

With this recent Regulation 74(5) compliance filing, Newmalayalam Steel Limited has once again demonstrated its dedication to regulatory adherence and shareholder transparency. The cooperation with Kfin Technologies, and the timely disclosure to both CDSL and NSDL, ensure that the company remains in good standing with both the NSE SME Platform and its stakeholders.

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.