Mahamaya Steel Industries Limited — Important, 18-04-2025: Updates

The company has submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations for the quarter ended March 31, 2025. This confirmation, received from MUFG Intime India Private Limited, indicates that the securities received for dematerialization during the quarter were confirmed to the depositories. The securities listed on the stock exchanges have undergone necessary verification, with certificates being mutilated and cancelled, ensuring the transition of ownership to the depositories within the prescribed timelines. This process enhances liquidity and facilitates easier trading for shareholders, reflecting positively on operational efficiency. Investors should watch closely as effective compliance with these regulations can positively impact shareholder sentiment.