Priti International submits Regulation 74(5) certificate for March 2025 quarter

NOOR MOHMMED

    14/Apr/2025

  • Priti International submitted a certificate under SEBI Regulation 74(5) confirming that no dematerialisation requests were received in Q4 FY25.

  • The certificate was issued by Bigshare Services Pvt. Ltd., the company’s Registrar and Share Transfer Agent, dated April 4, 2025.

  • The filing was made to the National Stock Exchange of India Limited for script code PRITI, ensuring regulatory compliance and transparency.

Jodhpur, April 14, 2025Priti International Limited, a leading name in sustainable furniture and home décor exports, has officially confirmed that no dematerialisation requests were received during the January–March 2025 quarter, in compliance with Regulation 74(5) of the SEBI (Depositories & Participants) Regulations, 2018.

The update was communicated through a formal filing with the National Stock Exchange of India Limited (NSE) on April 14, 2025, under Script Code: PRITI.


Background on Regulation 74(5)

Regulation 74(5) of the SEBI (Depositories & Participants) Regulations, 2018 mandates all listed companies to:

  • Provide a certificate from their Registrar and Share Transfer Agent (RTA).

  • Confirm whether any dematerialisation requests were received and processed during a given quarter.

  • Submit this certificate within 15 days of the quarter-end.

This ensures transparent tracking of the shareholding pattern and helps prevent any irregular or fraudulent transactions in physical securities.


Certificate from Bigshare Services Pvt. Ltd.

The certificate was issued by Bigshare Services Pvt. Ltd., the RTA of Priti International, on April 4, 2025, bearing Reference No. BSS/Reg 74(5)/2025. Key points from the certificate include:

  • The company received no dematerialisation requests from January 1, 2025, to March 31, 2025.

  • There were no physical shares converted into electronic form during this period.

  • This certificate confirms complete compliance with the requirements of SEBI Regulation 74(5) for the fourth quarter of financial year 2024–25 (Q4 FY25).

The communication was signed by Mr. Prasad Madiwale, Authorised Signatory of Bigshare Services Pvt. Ltd., and sent to the company’s registered address in Basni, Jodhpur.


Company Statement

In the cover letter dated April 14, 2025, Ms. Rashi Shrimal, Company Secretary & Compliance Officer of Priti International Limited, confirmed the receipt of the certificate from Bigshare Services and its submission to NSE.

She stated:

“In compliance with regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018, please find enclosed a Copy of the Certificate dated April 04, 2025... This is for your information and records.”

The communication reinforces the company’s transparent corporate governance practices and commitment to timely disclosures.


Priti International Limited: A Brief Overview

Priti International Limited, headquartered in Jodhpur, Rajasthan, is a listed company engaged in the manufacturing and export of handcrafted furniture, home décor, and lifestyle products. With a growing global presence, the company has built a strong reputation for sustainable practices, innovative designs, and quality craftsmanship.

The company’s shares are listed on the National Stock Exchange of India (NSE) under the Script Code: PRITI.


Registrar and Share Transfer Agent: Bigshare Services Pvt. Ltd.

Bigshare Services Pvt. Ltd., based in Mumbai, is a SEBI-registered Category-I RTA providing a wide range of investor services, including:

  • Share transfer and transmission

  • Dematerialisation and rematerialisation

  • Corporate action support

  • E-voting and postal ballot management

Their role is crucial in ensuring that listed companies maintain seamless compliance with SEBI regulations and investor servicing norms.


Conclusion

The submission of the Regulation 74(5) certificate for Q4 FY25 by Priti International Limited serves as a testament to the company’s focus on regulatory compliance, shareholder transparency, and accurate reporting. While there were no demat activities during the quarter, this formal disclosure helps maintain investor confidence and uphold market integrity.


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