π’ About the Company:
GMR Power and Urban Infra Limited (GMRP&UI) is a part of the GMR Group, known for infrastructure development in energy and urban sectors. With its corporate office in New Delhi and registered office in Gurugram, it operates in power generation, transmission, and smart urban infrastructure. It is listed on both BSE (Scrip: 543490) and NSE (Symbol: GMRP&UI).
π Detailed Report:
GMR Power and Urban Infra Limited has once again demonstrated its commitment to regulatory compliance by furnishing the Regulation 74(5) certificate under SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending March 31, 2025. The certificate was officially submitted to both BSE and NSE, confirming the companyβs diligent handling of dematerialization requests during Q4 FY25.
As per the attached certificate from KFin Technologies Limited, GMRP&UI approved/rejected demat requests within the mandated 15 days. Post-verification, all security certificates were promptly mutilated and canceled, with names of depositories updated in the register of members, ensuring seamless transition to demat form. This effort strengthens the trust of both the regulators and investors in the companyβs governance practices.
Such confirmations are not just routine; they reflect transparency and effective shareholder servicing mechanisms. Itβs an encouraging sign for retail investors, showing that their holdings are securely and responsibly managed. This move can reinforce market sentiment positively and offer a stable view of the companyβs shares in the near term.
β Key Highlight:
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π Quarter Covered: Jan 1, 2025 β Mar 31, 2025
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π Certificate Submitted: April 14, 2025
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π’ To Whom: BSE & NSE
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π Regulation: SEBI Regulation 74(5) – Demat compliance
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π¦ Confirmed Requests:
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β Approved/rejected demat requests
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π·οΈ Securities listed on stock exchanges
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ποΈ Security certificates canceled post-verification
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π Depository names updated as registered owners
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ποΈ Registrar & Share Transfer Agent: KFin Technologies Limited
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π§ββοΈ Certified By: Vimal Prakash, Company Secretary
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π Location: Corporate Office β IGI Airport, Delhi | Registered Office β Gurugram, Haryana
π Market Impact:
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π Neutral to Positive Sentiment Expected
This compliance update ensures investor trust and showcases strong corporate governance, likely encouraging retail and long-term investors. -
π No red flags, which is a good signal amidst market volatility.
π₯ How This Helps Retail Traders:
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π‘οΈ Assures Security of demat holdings.
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π Improves Transparency, critical for informed investing.
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πΌ Reflects operational maturity, supporting stable long-term holdings.
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π Boosts confidence in corporate practices and reduces governance risks.
π Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.