Kundan Minerals and Metals Limited — Others, 17-04-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018

Kundan Minerals and Metals Limited has submitted a compliance certificate regarding the reconciliation of share capital audit for the quarter ended 31.03.2025, as per SEBI regulations. This certificate, issued by Bhambri & Associates, confirms that the company's total number of shares stands at 6,04,83,603 (6.04 crore), with ongoing processes for share allotment to new promoters under a resolution plan. The company has appointed Sonica Verma as the new compliance officer following a series of changes in the compliance role.

This update may positively influence investor sentiment by reflecting the company's commitment to governance and compliance amid operational restructuring. However, ongoing suspension of trading for procedural reasons presents a potential risk to liquidity and share price performance.