Shantidoot Infra Services Confirms Regular Demat Status Compliance

Shantidoot Infra Services Ltd has confirmed with its Registrar and Share Transfer Agent (RTA), Bigshare Services Pvt. Ltd., that SEBI Regulation 74(5) does not apply for the quarter ending March 31, 2026. This is because all of the company's shares are held in digital form, meaning no requests for converting shares between physical and digital formats were processed during this period.

Filing Details

The confirmation, dated April 6, 2026, from RTA Bigshare Services Pvt. Ltd. clarifies that SEBI's Regulation 74(5) of the Depositories and Participants Regulations, 2018, does not apply to Shantidoot Infra Services for the financial quarter ended March 31, 2026. The company's shares are entirely held in dematerialised form, and no requests for rematerialisation (converting digital shares to physical certificates) or dematerialisation (converting physical shares to digital) were processed during this quarter.

Importance of the Regulation

SEBI Regulation 74(5) requires listed companies to provide a quarterly certificate from their RTA confirming that physical share certificates received for dematerialisation have been cancelled and that the digital shares are listed on exchanges. This process safeguards the integrity of the shareholding system. For Shantidoot Infra Services, this confirmation demonstrates ongoing compliance and sound corporate governance regarding its share registry.

Company Background

Shantidoot Infra Services Ltd was incorporated in March 2019. It focuses on construction and real estate development, particularly in Bihar, working on residential, commercial, educational, and hospital projects. The company became a public limited entity in June 2022.

No Immediate Impact

This routine filing does not introduce any immediate operational or strategic changes for Shantidoot Infra Services. It simply confirms the company's continued adherence to SEBI's regulatory requirements for share dematerialisation, with shares remaining in digital form as per standard market practice.

Risk Assessment

The company's announcement did not highlight any specific risks associated with this compliance update.

Industry Compliance

Shantidoot Infra Services operates in the infrastructure and construction sector. Companies such as PNC Infratech Ltd, Patel Engineering Ltd, and Akash Infra-Projects Ltd, also in construction and infrastructure development, face similar regulatory requirements for shareholding and dematerialisation.

Future Monitoring

Investors and stakeholders should monitor Shantidoot Infra Services' ongoing compliance filings. Key areas to track moving forward include the company's operational performance, project execution, business development updates, and financial results. Sustained compliance with regulations like SEBI Regulation 74(5) will continue to be an indicator of sound corporate governance.