Nakoda Group of Industries Limited — Others, 09-01-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018

Nakoda Group of Industries Limited has announced a board meeting to address the certification under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations for the quarter ended 31st December 2024. Notably, the company confirms that this regulation is not applicable as all shares are held in dematerialized form, with no requests for rematerialization during the quarter.

This update underlines the company’s compliance and operational efficiency, potentially enhancing investor confidence. Given the lack of material requests for share rematerialization, this could indicate a stable shareholder base and a positive outlook on the company's governance practices.