Thaai Casting Limited submits quarterly dematerialisation compliance certificate to NSE
Noor Mohmmed
06/Oct/2025
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Thaai Casting Limited confirmed compliance with Regulation 74(5) of SEBI Depositories and Participants Regulations for the quarter ended September 2025.
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The certificate issued by Purva Sharegistry (India) Pvt. Ltd. verifies that all securities received for dematerialisation were duly processed.
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The company reaffirmed adherence to SEBI norms ensuring all certificates were verified, cancelled, and updated in records within prescribed timelines.
Thaai Casting Limited, a Chennai-based manufacturing company listed on the National Stock Exchange of India (NSE) under the script symbol TCL, has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September 2025.
The submission, addressed to the Listing Manager, NSE, was made by Managing Director Sriramulu Anandan, confirming that the company has adhered to the regulatory requirements pertaining to the dematerialisation of securities.
Compliance Under SEBI Regulation 74(5)
Under Regulation 74(5), companies are required to obtain and submit a confirmation certificate from their Registrar and Share Transfer Agent (RTA) to verify that all share certificates received for dematerialisation have been appropriately processed, cancelled, and recorded.
In this case, Thaai Casting Limited’s RTA, Purva Sharegistry (India) Pvt. Ltd., issued a confirmation certificate dated 01st October 2025, verifying compliance for the July–September 2025 quarter.
The RTA confirmed that all securities received from the depository participants for dematerialisation during the quarter were duly verified, confirmed, mutilated, and cancelled after the completion of necessary verification.
Further, it stated that the names of the depositories were substituted in the register of members as the registered owners within the prescribed timelines, in line with SEBI norms.
Transparency and Corporate Governance
This submission reaffirms Thaai Casting Limited’s commitment to regulatory compliance and corporate governance standards. The dematerialisation process ensures that the company’s shares remain in electronic format, enhancing trading efficiency, reducing fraud risks, and simplifying investor transactions.
The company’s proactive disclosure aligns with SEBI’s emphasis on transparency and timely communication with stakeholders. The absence of pending dematerialisation requests during the quarter also indicates smooth operational compliance and no discrepancies in the share transfer process.
RTA Confirmation Details
The confirmation certificate from Purva Sharegistry (India) Pvt. Ltd., signed by Compliance Officer Ms. Deepali Dhuri, stated that:
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All securities received from the depository participants for dematerialisation were accepted or rejected as per norms.
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The security certificates were mutilated and cancelled after due verification.
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The names of depositories were updated in the register of members as registered owners within SEBI’s prescribed timelines.
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There were no pending or unprocessed dematerialisation requests during the reporting period from 01/07/2025 to 30/09/2025.
This confirms that Thaai Casting Limited’s dematerialisation process remains fully compliant and transparent, aligning with SEBI’s mandate to maintain accuracy and accountability in securities handling.
Importance of Regulation 74(5) Compliance
Regulation 74(5) of SEBI’s Depositories and Participants Regulations, 2018, mandates listed companies to ensure that their RTAs verify and confirm dematerialisation of shares within stipulated timelines. It is a critical requirement aimed at safeguarding investor interests and maintaining integrity in the securities market.
By filing this certificate, Thaai Casting Limited demonstrates its adherence to investor protection standards and commitment to maintaining accurate shareholder records.
Such compliance not only enhances the company’s reputation but also builds trust with investors, regulators, and stock exchanges, showing that the organisation operates with transparency and accountability.
Company Overview
Thaai Casting Limited, incorporated under CIN: L24105TN2023PLC161105, is an emerging player in the casting and manufacturing sector based in Tamil Nadu. With its GST number 33AAKCT1984F1Z7, the company operates in compliance with all statutory norms, including SEBI and corporate governance requirements.
Listed on NSE with the Script Symbol TCL, Thaai Casting Limited has been consistent in meeting all filing obligations under the Securities and Exchange Board of India (SEBI) framework, ensuring smooth and transparent investor relations.
Strengthening Investor Confidence
Timely submission of compliance certificates plays a crucial role in enhancing shareholder and investor confidence. It signifies the company’s discipline, reliability, and adherence to SEBI’s framework for fair and efficient market operations.
With no shares pending dematerialisation and all certificates duly processed, the company has demonstrated its commitment to maintaining accurate and up-to-date depository records. This step further simplifies share transfers and reduces administrative complexities for shareholders.
Conclusion
The Regulation 74(5) compliance filing for the quarter ended September 2025 showcases Thaai Casting Limited’s diligence in meeting SEBI’s regulatory requirements. The confirmation from Purva Sharegistry (India) Pvt. Ltd. ensures that all securities received for dematerialisation were appropriately handled within the stipulated timeframe.
By ensuring full dematerialisation compliance and transparent reporting, Thaai Casting Limited strengthens its image as a responsible and compliant listed entity. Such adherence not only ensures regulatory satisfaction but also bolsters investor confidence and reinforces the company’s reputation for ethical corporate governance and operational excellence.
As the company continues its growth journey, maintaining such regulatory discipline will remain crucial for sustaining credibility, investor trust, and long-term success in India’s competitive manufacturing and stock market environment.
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