DB Realty Files Dematerialisation Compliance Certificate for September 2025 Quarter

 

DB Realty Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) confirming no pending dematerialisation requests. Learn what this means for shareholders and how it reflects on DB Realty’s stock governance.

---

Overview of the BSE Filing

On 8 October 2025, DB Realty Limited (formerly Valor Estate Limited) filed an official intimation with the Bombay Stock Exchange (BSE) under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.
The filing confirms that the company’s Registrar and Transfer Agent (RTA) — MUFG Intime India Private Limited (formerly Link Intime India Pvt. Ltd.) — has issued a confirmation certificate for the quarter ended 30 September 2025.

The document was signed by Company Secretary Jignesh Hasmukhlal Shah and submitted as part of the routine compliance reporting.

---

What is Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018?

Regulation 74(5) requires listed companies to confirm that:

• All securities received for dematerialisation during a quarter have been processed and confirmed to the depositories.

• Physical share certificates, once dematerialised, are mutilated and cancelled to avoid duplication.

• The names of the depositories (NSDL/CDSL) are substituted in the company’s register of members.

Essentially, this regulation ensures that share transfers and electronic holdings are accurately recorded and compliant with SEBI’s prescribed timelines.

---

Details of the Compliance Certificate Submitted

Certificate Issued by MUFG Intime India Pvt. Ltd.

The certificate was issued on 4 October 2025 by Ashok Shetty, Vice President – Corporate Registry, MUFG Intime India Pvt. Ltd.
Key confirmations include:

• All securities received from depository participants were accepted or rejected within timelines.

• Physical certificates were properly mutilated and cancelled after verification.

• The updated depository names were entered into the register of members as the new registered owners.

No Shareholder Requests Received During the Quarter

Interestingly, the RTA confirmed that there were no dematerialisation requests received from shareholders during the September 2025 quarter.
This means all prior demat-related tasks were up to date, and no investor complaints or pending actions existed.

---

Why This Filing Matters to Investors

Assurance of Transparency and Regulatory Compliance

Such filings reflect that DB Realty maintains strong adherence to SEBI’s corporate governance framework.
Timely submission of demat certificates signals transparent record-keeping and no discrepancies in share transfers — a vital factor for institutional confidence.

Positive Governance Indicator

In the Indian stock market, where investor trust is paramount, regulatory filings like these help boost confidence among shareholders, particularly after DB Realty’s restructuring activities earlier in 2025.

---

Impact on DB Realty Share Price

Short-Term Impact

This is a routine compliance filing, so no major immediate impact on stock price is expected. However, regular disclosures build a positive reputation for management integrity — a key driver of long-term investor sentiment.

Medium to Long-Term Outlook

Consistent compliance and transparency could gradually enhance DB Realty’s image among institutional investors.
Combined with its recent internal mergers (like the Sahyadri Agro–Horizontal Ventures amalgamation), the company appears focused on governance-led growth — a promising signal for long-term shareholders.

---

Expert Commentary: What Investors Should Watch

• Continued timely compliance filings in subsequent quarters.

• Impact of ongoing corporate restructuring on the company’s balance sheet.

• Shareholding pattern stability post-merger activities.

• Any future updates from SEBI or NCLT related to DB Realty’s subsidiaries.

---

Conclusion

DB Realty Limited’s submission of its Regulation 74(5) compliance certificate for the September 2025 quarter is a standard yet crucial indicator of its strong operational discipline.
With no pending dematerialisation requests and full compliance confirmed by MUFG Intime India Pvt. Ltd., the company reinforces its image as a transparent and governance-driven real estate player.
While there may not be an immediate stock price reaction, such consistency enhances long-term investor confidence and supports the company’s credibility on Dalal Street.

---

FAQs

Q1. What does the Regulation 74(5) certificate confirm?
It confirms that all dematerialisation requests have been processed and recorded as per SEBI guidelines.

Q2. Who issued the certificate for DB Realty?
MUFG Intime India Private Limited, the company’s Registrar and Transfer Agent.

Q3. Were there any pending dematerialisation requests?
No. The certificate notes zero pending requests for the quarter ending September 2025.

Q4. Will this filing affect DB Realty’s stock price?
Not directly, but consistent compliance boosts investor confidence and corporate image.

Q5. What does this indicate about DB Realty’s management?
It demonstrates good governance, punctual disclosure practices, and commitment to regulatory standards.