Shera Energy files SEBI Regulation 74(5) compliance certificate for March 2025
NOOR MOHMMED
14/Apr/2025
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Shera Energy Limited submitted its SEBI Regulation 74(5) compliance certificate for March 2025.
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The certificate was issued by its RTA, Bigshare Services Pvt Ltd, as per SEBI norms.
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The company ensured full compliance with Depository and Participants Regulations.
Shera Energy Limited, a listed company on the National Stock Exchange (NSE) under the symbol SHERA, has officially submitted its compliance certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depository and Participants) Regulations, 2018. This update pertains to the quarter ending on March 31, 2025.
The compliance certificate was attached with a letter dated April 14, 2025, and signed by Ms. Jyoti Goyal, the Company Secretary and Compliance Officer of Shera Energy.
Certificate Issued by Bigshare Services Private Limited
Shera Energy's Registrar and Share Transfer Agent (RTA), Bigshare Services Private Limited, issued the certificate confirming the company’s adherence to all the norms outlined under Regulation 74(5). The RTA plays a critical role in handling dematerialisation, rematerialisation, and share transfer-related responsibilities.
This certificate is a mandatory quarterly filing, reinforcing transparency in managing the company’s securities and confirming that:
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Demat requests have been properly verified
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Physical share certificates submitted for dematerialisation have been duly cancelled
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All relevant reports have been forwarded to depositories and stock exchanges on time
Significance of Regulation 74(5)
Regulation 74(5) under the SEBI (Depository and Participants) Regulations, 2018, ensures companies maintain strict controls over:
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Securities dematerialisation processes
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Cancellation of physical certificates post-demat
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Timely and accurate reporting to depositories like NSDL and CDSL
Companies are required to submit a compliance certificate from their RTAs within the first month of each quarter confirming adherence.
By doing so, the company validates that its investor data and holdings are accurate, reducing any chances of discrepancies or fraudulent activities.
Why This Filing Matters
For shareholders and stakeholders, Shera Energy's submission reflects its commitment to compliance, governance, and investor transparency. It assures that:
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Investor holdings are secure and up-to-date
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The company is proactively engaging with regulatory bodies
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It adheres to best practices in corporate governance
These filings also play a role in strengthening investor trust, particularly among institutional investors and market analysts who monitor such updates.
About Shera Energy Limited
Shera Energy Limited is known for its manufacturing excellence in copper and aluminium conductors, copper wires, and other energy solutions. The company has grown steadily and maintained a strong presence in India's power and energy infrastructure sector.
Listed on the NSE, with ISIN: INE0MM001019, Shera Energy continues to demonstrate robust compliance and operational transparency.
Looking Ahead
As part of its quarterly obligations, Shera Energy Limited will continue to submit compliance certificates and regulatory filings, ensuring ongoing alignment with SEBI directives. These steps help maintain a clean compliance record and support the company’s long-term strategy of responsible corporate governance.
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