Sona Machinery Limited, a recognized player in the manufacturing sector, has announced successful compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter and financial year ended March 31, 2025. The company made an official filing with both the National Stock Exchange (NSE) and BSE, confirming receipt of the compliance certificate from its Registrar and Share Transfer Agent (RTA) — Maashitla Securities Private Limited.

The certificate ensures that securities submitted for dematerialisation by investors or market participants have been verified, processed, and updated with depositories — namely National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) — within the prescribed timeframe of 15 days.

The communication, dated April 5, 2025, from Maashitla Securities, confirms that all securities received during the quarter were either accepted or rejected after due scrutiny. Furthermore, the respective security certificates were cancelled after verification, and the name of the depository was correctly substituted in the company’s register of members.

This process is a key part of investor protection and trust-building under the SEBI framework. Regulation 74(5) requires issuers and RTAs to report timely compliance to ensure there is no lapse in tracking and validating securities transactions, thereby maintaining the sanctity of digital securities data and ownership.

Key Highlights of the Filing:

• The letter addressed to both NSE and BSE was signed by Ms. Supriya, Company Secretary and Compliance Officer of Sona Machinery Limited, with Membership No. A57314.

• The symbol for Sona Machinery on the NSE is ‘Sonamac’, and the ISIN number is INE0Q6H01012.

• The letter also included the standard regulatory circulation to NSDL and CDSL, confirming the company's adherence to best practices in shareholding data management.

• The certificate from Maashitla Securities, signed by Director Mukul Agrawal, not only confirms SEBI compliance but also offers investors assurance of procedural integrity and timely securities processing.

Regulation 74(5) is part of SEBI’s broader effort to ensure robust and secure systems in securities handling, especially in the dematerialised format. These norms are critical as the market increasingly relies on paperless transactions, which demand high accuracy and strong governance.

By meeting these requirements, Sona Machinery Limited reinforces its commitment to maintaining transparent corporate governance. The certificate is also a positive signal to shareholders and prospective investors, affirming that the company continues to meet its obligations toward regulatory compliance and digital securities integrity.

The compliance filing also reflects the competency of Maashitla Securities Pvt. Ltd., a SEBI Registered Category-I Registrar and Share Transfer Agent (RTA), which supports issuers like Sona Machinery in fulfilling their post-listing requirements with ease and efficiency.

As digital transformation deepens across Indian capital markets, such filings play a crucial role in maintaining investor confidence. Investors increasingly look to regulatory adherence as a sign of corporate maturity, making such compliance disclosures a valuable touchpoint for trust and transparency.

In the backdrop of India’s push for paperless governance, dematerialisation and streamlined securities management are vital. Companies like Sona Machinery that consistently meet compliance standards not only fulfill their legal obligations but also set a benchmark for responsible market participation.

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