Pritika Engineering Submits Demat Compliance Certificate for March 2025

K N Mishra

    04/Apr/2025

What’s covered under the Article

  • Pritika Engineering confirms demat compliance for Q4 FY2024-25 under SEBI Regulation 74(5)

  • MUFG Intime, RTA for the company, verifies processing of demat requests within SEBI timelines

  • The company’s securities are confirmed to be listed on stock exchanges as required

Pritika Engineering Components Limited, a prominent player in the engineering sector, has officially filed its Regulation 74(5) compliance certificate for the quarter ending March 31, 2025. The certificate was submitted to the National Stock Exchange of India Limited (NSE) on 4th April 2025, confirming the company’s compliance with SEBI regulations related to securities and dematerialization activities.

Details of the SEBI Regulation 74(5) Certificate:

The certificate was issued by MUFG Intime India Pvt. Ltd. (formerly known as Link Intime India Pvt. Ltd.), the Registrar and Share Transfer Agent (RTA) for Pritika Engineering Components Limited. The letter confirms the following:

  • The securities received from the depository participants during the quarter were processed, with dematerialization requests accepted/rejected as appropriate.

  • The securities listed on the stock exchanges were verified and ensured to be in alignment with earlier issued securities.

  • Mutilated security certificates received for dematerialization were duly verified, canceled, and handled according to the prescribed regulatory timelines.

Certification Process:

As per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, companies must ensure that all securities dematerialized during the quarter are properly verified, confirmed, and listed on the respective stock exchanges. This certification process ensures that no discrepancies arise in securities trading and that all processes are carried out in accordance with the laid-out procedures.

For the period ending 31st March 2025, the compliance certificate also indicates that all security certificates received for dematerialization were properly verified by the depository participants. The security certificates were either confirmed or rejected, and the necessary steps were taken to ensure that only properly dematerialized securities were recorded in the company's records.

About MUFG Intime India Pvt. Ltd.:

MUFG Intime India Pvt. Ltd., the Registrar and Share Transfer Agent for Pritika Engineering, plays a critical role in facilitating the process of securities dematerialization and ensuring that the records of the company are updated. The company has been a reliable partner in handling the dematerialization process, as confirmed by Ashok Shetty, the Vice President-Corporate Registry of MUFG Intime India Pvt. Ltd.

Regulatory Compliance:

The filing of this certificate ensures that Pritika Engineering Components Limited is fully compliant with Regulation 74(5), which mandates the company to report its dematerialization activities to the stock exchanges. By submitting this certificate, Pritika Engineering reaffirms its commitment to transparency and corporate governance, ensuring that all regulatory guidelines are met within the specified deadlines.

Conclusion:

Pritika Engineering Components Limited has successfully complied with SEBI Regulation 74(5), filing the necessary certification for the quarter ended 31st March 2025. The company, through its Registrar and Share Transfer Agent, MUFG Intime India Pvt. Ltd., has confirmed that all required processes for dematerialization of securities were carried out efficiently and in full compliance with the applicable regulations. This filing serves as a vital part of the company's ongoing efforts to maintain transparency and regulatory compliance with the stock exchanges.

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