Service Care Limited Receives No Demat or Remat Requests for February 2025

Team Finance Saathi

    07/Mar/2025

What's covered under the Article:

  1. Service Care Limited submits SEBI compliance certificate for no demat/remat requests in February 2025.
  2. The certificate is issued by Integrated Registry Management Services Private Limited.
  3. The confirmation ensures regulatory compliance under SEBI’s Depositories and Participants Regulations.

Service Care Limited has confirmed its compliance with SEBI (Depositories and Participants) Regulations, 2018, specifically Regulation 74(5), for the period from February 1, 2025, to February 28, 2025. The company has officially stated that no requests for dematerialization or rematerialization of shares were received during this period. This information has been validated by the company’s Registrar and Share Transfer Agent, Integrated Registry Management Services Private Limited.

The certificate of compliance, dated March 4, 2025, was issued by S. Vijayagopal, Whole Time Director of Integrated Registry Management Services. This document serves as an assurance that all records related to share transfers, conversions, and investor requests are in alignment with SEBI’s regulations. Service Care Limited has promptly submitted this confirmation to the National Stock Exchange of India Limited (NSE), ensuring transparency and adherence to market regulations.

As a publicly listed entity, Service Care Limited prioritizes investor protection and corporate governance. Under SEBI Regulation 74(5), depository participants and registrars must certify that all securities held in depositories are appropriately monitored, and any changes in shareholding structure are duly recorded. The submission of this certificate indicates that no shareholders of Service Care Limited sought to convert their physical share certificates into dematerialized format or rematerialize their electronic shares into physical form during February 2025.

This regulatory filing is an essential component of stock market operations, ensuring that stakeholders remain informed about shareholding status and corporate actions. By consistently complying with SEBI’s Depositories and Participants Regulations, Service Care Limited maintains its credibility among investors, financial institutions, and market analysts.

Additionally, Integrated Registry Management Services Private Limited, as the official registrar and share transfer agent for Service Care Limited, oversees all record-keeping processes related to shareholder transactions. The company operates from its registered office in Chennai and has a Bangalore-based branch that facilitates its operations. The firm has emphasized the importance of appointing a nominee for shares held in dematerialized form, urging shareholders to exercise their rights under SEBI’s investor protection framework.

As per SEBI's regulatory guidelines, all listed entities are required to provide such compliance reports periodically. This initiative ensures the protection of investor rights and streamlines stock market processes. Service Care Limited remains committed to regulatory transparency and corporate best practices, reinforcing its dedication to safeguarding investor interests.

With this latest submission, Service Care Limited continues to uphold its compliance obligations, ensuring seamless operations within the capital markets. Investors and stakeholders can remain assured that the company is diligently following all necessary guidelines under the SEBI Depositories and Participants Regulations, 2018.


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