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JMD Ventures Limited has submitted a compliance certificate from its Registrar and Share Transfer Agent concerning share dematerialization for the quarter. The certificate confirms that all securities received from depository participants for dematerialization were duly processed, accepted or rejected, and subsequently listed on stock exchanges. Physical share certificates, if any, were confirmed to be mutilated and cancelled with updated records. The company noted that no shares were actually dematerialized during this specific period. This filing assures proper management of shareholder records and adherence to security transfer procedures, crucial for maintaining transparency and investor trust.