Commercial Syn Bags Limited — Others, 18-01-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018

Commercial Syn Bags Limited has provided an update regarding the non-applicability of Regulation 74(5) of the SEBI (Depositaries and Participants) Regulation for the quarter ended 31st December 2024. The company confirmed, based on its Registrar’s certificate, that all shares are held in dematerialized form, and no requests for rematerialization or dematerialization were received during this period. This development suggests a streamlined shareholding structure, potentially enhancing operational efficiency. Investor sentiment may be positively influenced, as the absence of rematerialization requests indicates strong shareholder confidence in the company's digital shareholding framework.