Mono Pharmacare Limited — Others, 21-01-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018

Mono Pharmacare Limited has received confirmation from Bigshare Services Pvt Ltd that no dematerialization requests for its equity shares were made during the quarter ended 31 December 2024. This indicates stable shareholder engagement regarding share conversion. The absence of these requests may suggest investor confidence, or a strategic choice by shareholders to maintain their physical share certificates. For investors, this could imply a neutral impact, reflecting ongoing operational stability but also highlighting an opportunity to monitor shifts in shareholder preferences toward digital securities management.