S J Logistics submits Regulation 74(5) compliance certificate for March 2025
K N Mishra
04/Apr/2025

What's covered under the Article:
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S J Logistics confirms SEBI Regulation 74(5) compliance for the quarter ending March 31, 2025.
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Maashitla Securities issued a certificate confirming timely securities dematerialisation.
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The company has filed the update with NSE, ensuring regulatory transparency and compliance.
S J Logistics (India) Limited, a key player in the Indian logistics and supply chain ecosystem, has officially submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter and financial year ended 31st March 2025. This update was shared with the National Stock Exchange of India (NSE) under its stock symbol SJLOGISTIC, reinforcing the company's commitment to regulatory transparency and investor trust.
As part of regulatory requirements set by the Securities and Exchange Board of India (SEBI), all listed entities are mandated to submit confirmation certificates from their Registrar and Transfer Agents (RTAs) under Regulation 74(5). This regulation ensures that any physical securities received for dematerialisation have been properly processed and recorded within a specified time frame.
In this instance, Maashitla Securities Private Limited, a SEBI Registered Category-I Registrar and Transfer Agent, has issued a certificate dated 1st April 2025 to S J Logistics (India) Limited, confirming adherence to these procedural norms for the quarter ended March 31, 2025. This confirmation covers several crucial aspects of the dematerialisation process and reflects the company's strong governance framework.
The confirmation states that all securities received from the Depository Participants for dematerialisation, if any, were duly verified, accepted or rejected and then forwarded to the depositories within the timeline. It also affirms that any security certificates that were received for conversion into dematerialised form were cancelled after verification, and the names of depositories were substituted as registered owners in the member register within 15 days of receipt.
This procedural step is not just a formality but a critical compliance measure designed to protect investor interests, enhance operational transparency, and maintain trust in India’s securities markets. The compliance with SEBI Regulation 74(5) reinforces that S J Logistics follows industry best practices and meets every requirement expected from listed companies on major stock exchanges like NSE.
As per the letter submitted to NSE, the certificate and its confirmation were authorized and signed by Rajen Hasmukhlal Shah, the Chairman and Managing Director of the company. This reaffirms the company’s commitment to upholding its governance responsibilities at the highest level of leadership.
The official confirmation letter from Maashitla Securities Private Limited—with the reference number RTA1904-RTAC21/MARCH25/01—elaborated on the technical details of the dematerialisation process, and reassured that the securities covered under the physical certificates have been duly accounted for, processed, and updated in the records of depositories.
Furthermore, the company has made this submission to NSE in line with the reporting norms and statutory timelines, ensuring there is no delay in communication or compliance. The SEBI Depositories and Participants Regulations, 2018, specifically Regulation 74(5), exist to standardise securities processing, and this submission is a routine but essential proof of adherence.
This development assumes importance in the larger context of investor protection, as seamless dematerialisation reduces risk, enhances liquidity, and prevents frauds related to paper certificates. S J Logistics’ adherence to this compliance requirement serves as a reassuring signal for its stakeholders, including shareholders, institutional investors, and regulatory bodies.
Moreover, such timely compliance updates also play a crucial role in determining the corporate governance scores of listed entities. Regular and accurate filings under SEBI norms are considered benchmarks for assessing the credibility and reliability of a company in the eyes of investors and the capital market ecosystem.
In the realm of logistics and transportation, where operational efficiency is often linked with regulatory discipline, this submission reflects well on S J Logistics India Limited. The fact that its Registrar and Share Transfer Agent—Maashitla Securities Private Limited—has been prompt and clear in its certification speaks volumes about the backend administrative robustness of the organisation.
For companies like S J Logistics, which handle large volumes of cargo movement, warehousing, and multimodal transportation, maintaining a strong financial and regulatory profile is key to winning confidence across domestic and international markets.
This certificate under SEBI Regulation 74(5) for the March 2025 quarter is just one part of that larger journey. But it's an important signal of the company’s dedication to maintaining transparency, operational integrity, and legal compliance.
As the financial year closed on March 31, 2025, investors and analysts will also be watching for other important disclosures in the weeks to come—from financial results, board meeting updates, to corporate actions such as dividends, bonuses, or fund-raising activities. The present compliance update strengthens the foundation for all these upcoming reports.
In conclusion, S J Logistics (India) Limited’s successful submission of its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 2025 not only fulfills a statutory obligation but also highlights the company’s diligence in managing investor interests and maintaining market trust. The coordination between the company and its RTA, Maashitla Securities, once again reflects how seamless backend processes ensure confidence in the financial ecosystem.
Investors and stakeholders are advised to stay updated with further developments from S J Logistics, especially with Regulatory Filings, Quarterly Results, and Board Announcements expected in the upcoming weeks. With regulatory adherence in place, the company appears well-positioned to navigate the evolving financial and corporate environment in FY2025 and beyond.
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