Spacenet submits SEBI Regulation 74(5) compliance for March 2025 quarter
NOOR MOHMMED
14/Apr/2025

-
Spacenet Enterprises filed its SEBI Regulation 74(5) compliance for the quarter ending March 31, 2025.
-
Registrar and Transfer Agent CIL Securities confirmed zero dematerialisation requests during the period.
-
Filing ensures regulatory adherence and transparent reporting to the National Stock Exchange of India.
Spacenet Enterprises India Limited, a publicly listed company on the National Stock Exchange (NSE) with the symbol SPCENET, has formally submitted its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2025.
This filing, dated April 14, 2025, was addressed to the Listing Department of NSE, reaffirming the company's commitment to statutory compliance and transparent reporting.
The compliance was certified and supported by CIL Securities Limited, the company's Registrar and Share Transfer Agent (RTA), headquartered at Raghava Ratna Towers, Chirag Ali Lane, Abids, Hyderabad.
What is Regulation 74(5)?
Regulation 74(5) under the SEBI (Depositories and Participants) Regulations, 2018 mandates depository participants and issuers to:
-
Confirm that securities received for dematerialisation have been appropriately destroyed (in case of physical certificates).
-
Ensure that the depository has been notified.
-
Submit a quarterly certificate to the concerned stock exchange confirming compliance.
Certificate Highlights for Q4 FY 2024–25:
-
Name of Company: Spacenet Enterprises India Limited
-
Symbol on NSE: SPCENET
-
Reporting Quarter: January 1, 2025 – March 31, 2025
-
Compliance Confirmed by: CIL Securities Limited, RTA
-
Dematerialisation Requests: None received during the quarter
The certificate issued by CIL Securities, dated April 5, 2025, clearly mentions that:
“We have not received any request for dematerialisation of shares from the Depositories during the quarter ended March 31, 2025.”
Significance of the Filing
This filing has two-fold significance:
-
Investor Transparency: It assures current and potential shareholders that no material corporate actions affecting shareholding structures occurred during the quarter.
-
Regulatory Discipline: It demonstrates Spacenet’s adherence to SEBI norms, thus maintaining a positive compliance record.
Such routine filings, though not transaction-heavy, are vital for maintaining investor confidence, especially in mid-cap and small-cap companies like Spacenet Enterprises.
About Spacenet Enterprises India Limited
-
CIN: L72200TG2010PLC068624
-
Registered Office: Plot No.114, Survey No.66/2, Raidurgam, Prasanth Hills, Gachibowli, Hyderabad – 500008, Telangana, India
-
Contact: cs@spacenetent.com | www.spacenetent.com | Tel: 040-2934 5781
-
Sector: Technology and Telecom Infrastructure Solutions
Spacenet Enterprises India Limited, formerly known as Northgate Com Tech Ltd, operates in the technology and infrastructure services segment. The company focuses on telecom networks, digital infrastructure, and enterprise solutions across various sectors.
Conclusion
By timely filing its SEBI Regulation 74(5) quarterly compliance certificate and confirming zero dematerialisation activity, Spacenet Enterprises India Ltd continues its track record of regulatory discipline and transparent disclosures. Such practices build stakeholder trust and ensure alignment with SEBI-mandated governance standards.
Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.
Related News
Disclaimer
The information provided on this website is for educational and informational purposes only and should not be considered as financial advice, investment advice, or trading recommendations.
Trading in stocks, forex, commodities, cryptocurrencies, or any other financial instruments involves high risk and may not be suitable for all investors. Prices can fluctuate rapidly, and there is a possibility of losing part or all of your invested capital.
We do not guarantee any profits, returns, or outcomes from the use of our website, services, or tools. Past performance is not indicative of future results.You are solely responsible for your investment and trading decisions. Before making any financial commitment, it is strongly recommended to consult with a qualified financial advisor or do your own research.
By accessing or using this website, you acknowledge that you have read, understood, and agree to this disclaimer. The website owners, partners, or affiliates shall not be held liable for any direct or indirect loss or damage arising from the use of information, tools, or services provided here.