Shivalic Power Control Limited (SPCL), formerly known as Shivalic Power Control Private Limited, has officially submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending March 31, 2025.

This filing has been submitted to the National Stock Exchange of India Limited (NSE), where the company is listed under the trading symbol SPCL, with ISIN INE0T7B01010.

Understanding Regulation 74(5)

Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, mandates that share transfer agents and depository participants ensure that securities submitted for dematerialisation are processed properly.

Once verified, the details of these securities must be:

• Updated in the register of members

• Old certificates cancelled or mutilated

• Ownership transferred to the depository, such as NSDL or CDSL

A confirmation certificate must be submitted by the company to the respective stock exchange to confirm these actions.

Submission by Shivalic Power Control Limited

In compliance with the above, Shivalic Power Control Limited submitted the confirmation certificate for the quarter ended 31st March 2025, received from its Registrar and Transfer Agent (RTA), M/s Skyline Financial Services Private Limited.

This certificate certifies that:

• All security certificates received for dematerialisation were properly processed.

• Certificates were accepted/rejected and appropriately mutilated or cancelled.

• The name of the depositories has been substituted in the register of members.

• The process was completed within the timelines prescribed by SEBI.

Details of the Submission

• Company Name: Shivalic Power Control Limited

• Former Name: Shivalic Power Control Private Limited

• CIN: [Not Mentioned in Letter]

• Trading Symbol: SPCL

• ISIN: INE0T7B01010

• Registrar and Transfer Agent (RTA): Skyline Financial Services Private Limited

• Quarter Covered: January to March 2025

• Date of Submission: 14th April 2025

• Location: Faridabad

Statement from the Company

The submission was formally signed by Amit Kanwar Jindal, Managing Director (DIN: 00034633), with the assurance that the information is in line with the requirements of Regulation 74(5) and is submitted for the records of the NSE.

“Please find enclosed herewith certificate received from our Registrar & Transfer Agent (M/s Skyline Financial Services Private Limited) in compliance to the Regulation 74(5) of the SEBI...”

This reflects the company’s commitment to transparency, corporate governance, and investor confidence.

Role of Skyline Financial Services Private Limited

Skyline Financial Services Pvt. Ltd., a SEBI-registered RTA, played a crucial role in facilitating the dematerialisation of securities and verifying that all transactions were executed according to the regulatory standards.

Their responsibilities included:

• Receiving and verifying demat requests

• Cancelling physical certificates

• Coordinating with NSDL/CDSL for record updates

• Issuing compliance confirmation to the company

Importance for Shareholders

This filing reinforces several key points of trust for shareholders:

• Transparency: Ensures shares are recorded and held legally and digitally.

• Compliance: Confirms the company is in line with SEBI’s regulatory mandates.

• Security: Eliminates risks related to physical certificates through demat holdings.

Such consistent compliance builds investor confidence and sustains regulatory goodwill, ensuring smoother financial operations and shareholder engagement.

Conclusion

The timely submission of the Regulation 74(5) certificate by Shivalic Power Control Limited marks a proactive approach to compliance and corporate governance. With the support of Skyline Financial Services Private Limited, the company ensures its shares are properly dematerialised, verified, and updated in the depository system, keeping investor records clean and compliant.

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