Nikita Papers Limited, a leading paper manufacturing company based in Shamli, has submitted its certificate under SEBI (Depositories and Participants) Regulations, 2018, Regulation 74(5) for the quarter ended September 30, 2025. The certificate confirms proper dematerialization of physical share certificates and the update of shareholder records in the depository system.

The dematerialization process involves verification, mutilation, and cancellation of physical shares, with the names of the depositories, NSDL and CDSL, recorded as registered owners in the company’s books. This procedure ensures compliance with SEBI regulations and enhances transparency for investors. The process is completed within 15 days of receipt of valid Dematerialization Request Forms (DRFs) and share certificates.

The certification was issued by Skyline Financial Services Pvt. Ltd., the company’s Registrar and Share Transfer Agent (RTA), responsible for handling dematerialization, shareholder record management, and regulatory compliance. This submission demonstrates Nikita Papers’ adherence to SEBI Listing Obligations and Disclosure Requirements (LODR).

Significance of SEBI Regulation 74(5):
SEBI Regulation 74(5) mandates that companies confirm to stock exchanges that all securities received for dematerialization are destroyed and correctly recorded in depository records. This ensures accuracy in shareholder data, which is essential for investor confidence and smooth operations of the capital markets.

Corporate Governance and Investor Assurance:
By filing this certificate, Nikita Papers underlines its commitment to corporate governance, regulatory compliance, and investor protection. Investors are assured that all share transactions are accurately reflected in the company’s electronic records.

About Nikita Papers Limited:
Headquartered in Shamli, Uttar Pradesh, Nikita Papers Limited is engaged in the manufacture and supply of paper products. The company’s shares are listed on the National Stock Exchange (NSE Symbol: NIKITA, ISIN: INE0FLF01015), and it maintains robust systems for shareholder services and compliance.

Conclusion:
Nikita Papers’ timely submission of the SEBI Regulation 74(5) certificate reinforces its commitment to transparency, accuracy, and regulatory adherence, enhancing trust among shareholders and the broader financial community.

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