India’s leading steel manufacturer, JSW Steel Limited, based in Maharashtra, has confirmed compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending June 30, 2025. This was certified by its registrar, KFin Technologies Limited.
JSW Steel Limited, one of India’s foremost steel manufacturers headquartered in Mumbai, has officially confirmed its compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ending June 30, 2025.
In a letter submitted to both the National Stock Exchange of India (NSE) and BSE Limited, JSW Steel stated that its registrar and share transfer agent, KFin Technologies Limited, has issued a certification confirming the company’s adherence to the regulatory requirement.
The regulation mandates that within 15 days of receiving security certificates from the depository participants for dematerialisation, issuers must complete a series of actions. These include confirming or rejecting the dematerialisation request, ensuring the securities are listed on the stock exchanges, canceling the physical certificates, and registering the depository as the owner.
In the certificate issued on July 11, 2025, KFin Technologies confirmed that all procedural and regulatory steps were followed within the stipulated timeline, thereby reaffirming the integrity of JSW Steel’s securities management.
The correspondence, signed by Manoj Prasad Singh, who is currently serving as the interim Company Secretary of JSW Steel, was addressed to the listing departments of both exchanges under the respective codes—JSWSTEEL on NSE and 500228 on BSE.
KFin Technologies’ Senior Manager, Ramdas, assured that all statutory submissions have also been made to the depositories and exchanges as per the SEBI norms.
This routine yet essential confirmation reflects JSW Steel’s continued commitment to regulatory transparency and good governance in its financial and operational conduct.
