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Orissa Bengal Carrier LimitedOthers, 13-01-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018

13-01-2025 | 01:42 pm

Orissa Bengal Carrier Ltd. has submitted a certificate confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations for the quarter ended December 31, 2024. The company's entire shareholding is in demat form, and there have been no requests for rematerialisation during the quarter. This indicates streamlined operations with no liquidity challenges for shareholders related to physical share certificates.

The positive momentum reflects well on the company's governance practices, enhancing investor confidence in its operational efficiency. Overall, this announcement suggests a stable environment for shareholders, with potentially less operational risk in handling share transfers.

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