Veekayem Fashion and Apparels Limited, a prominent fashion and apparel company, has taken a significant step towards ensuring compliance with SEBI's (Securities and Exchange Board of India) regulations. The company has recently filed the Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ending 31st March 2025. This filing confirms that the company has adhered to the necessary guidelines set forth by SEBI, which govern the dematerialization and rematerialization of securities.

In this filing, Veekayem Fashion and Apparels Limited has attached the confirmation certificate received from KFIN Technologies Limited, the Registrar and Share Transfer Agent (RTA) for the company. This certificate highlights the compliance with all requirements stipulated under the SEBI (Depositories and Participants) Regulations, 2018 for the aforementioned quarter.

The KFIN Technologies Limited team has worked diligently to ensure that all the details concerning the dematerialization and rematerialization of securities have been accurately recorded. According to the certificate, KFIN Technologies has furnished the necessary information to the stock exchanges where the shares of Veekayem Fashion and Apparels Limited are listed. This includes the National Stock Exchange of India (NSE), Central Depository Services (India) Limited (CDSL), and National Securities Depository Limited (NSDL).

Through this step, Veekayem Fashion and Apparels Limited demonstrates its ongoing commitment to adhering to the regulatory framework provided by SEBI. Compliance with these regulations is essential to maintaining transparency and trust with shareholders and investors alike. It is particularly crucial for companies in the fashion and apparel sector, where shareholder communication and the accurate handling of securities play a vital role in their financial health and reputation.

The SEBI Regulation 74(5) stipulates that companies must file a certificate with the stock exchanges confirming that all securities dematerialized or rematerialized during the quarter have been properly recorded. This process ensures that the company's share transactions are conducted in accordance with the norms set by SEBI, safeguarding the interests of both the company and its investors.

The filing by Veekayem Fashion and Apparels Limited also highlights its proactive approach to maintaining corporate governance and transparency. In today's financial markets, strict adherence to regulations like these is vital for companies to build and sustain investor confidence. With the fashion industry growing rapidly and the demand for shares and investments in the sector rising, such compliance measures ensure that all activities are conducted in line with the regulations, minimizing the risk of any legal or financial discrepancies.

By partnering with KFIN Technologies, the company has ensured that all processes related to securities handling are carried out efficiently and accurately. KFIN Technologies has long been recognized as a leader in the field of registrar and share transfer services, ensuring the smooth operation of processes like dematerialization, rematerialization, and security transfer for listed companies across various sectors.

This filing, which also includes the dematerialization and rematerialization of securities, is an essential part of the company's regulatory obligations. It not only ensures that the shares of the company are traded in dematerialized form, enhancing liquidity, but also provides transparency to stakeholders who may be interested in Veekayem Fashion and Apparels Limited's financial and operational progress.

For the quarter ended 31st March 2025, the company's adherence to the SEBI regulations affirms its commitment to regulatory compliance. It is important to note that companies listed on stock exchanges must follow stringent guidelines for handling securities, and this filing proves that Veekayem Fashion and Apparels Limited is operating within the framework set by the relevant authorities.

Overall, this action further enhances the credibility of Veekayem Fashion and Apparels Limited, as it reinforces their dedication to upholding high standards of governance and transparency in the ever-evolving financial landscape. Such filings also serve as a reassurance to investors, stakeholders, and the public, signaling that the company is in good standing with regulatory bodies and is fully compliant with the Depositories and Participants Regulations.

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