Dhruv Consultancy Services Submits SEBI Regulation 74(5) Compliance Certificate for Q2 FY27

Key Takeaways

• Dhruv Consultancy Services submitted its quarterly Regulation 74(5) compliance certificate for the period ended 30 September 2026. 
• Registrar and Transfer Agent MUFG Intime India confirmed the processing of securities received for dematerialisation during the quarter. 
• The certificate records compliance with procedures covering verification, cancellation of physical certificates and updates to the register of members. 

Dhruv Consultancy Services Files September Quarter Dematerialisation Certificate 

Dhruv Consultancy Services Limited has submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 30 September 2026. 

The filing, dated 14 October 2026, was addressed to the National Stock Exchange (NSE) and BSE. It includes confirmation from the company's Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited. 

The certificate relates to the processing of securities submitted for conversion from physical certificates into electronic holdings. 

Dhruv Consultancy Services stated that physical security certificates received for dematerialisation had been verified and cancelled, where applicable, and that the relevant depository had been recorded as the registered owner within the stipulated period. 

What Did MUFG Intime India Confirm? 

The RTA issued its certificate on 3 October 2026, covering dematerialisation-related transactions during the quarter ending September. 

MUFG Intime India confirmed that requests received through depository participants had been processed and communicated to the respective depositories as accepted or rejected. 

The registrar also certified that the securities represented by the certificates were listed on the stock exchanges where the company's existing securities were listed. 

Following verification, physical security certificates received for dematerialisation were cancelled, and the names of the respective depositories were substituted in the company's register of members. 

These procedures form part of the regulatory framework intended to maintain consistency between a company's shareholder records and the securities maintained through the depository system. 

Understanding Regulation 74(5) Compliance 

Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 deals with confirmation and processing requirements related to securities submitted for dematerialisation. 

When physical securities are converted into electronic form, the registrar must complete prescribed verification and record-updating procedures. 

The process is intended to prevent duplication between physical certificates and electronic records and to preserve the integrity of ownership records. 

For listed companies, the quarterly certificate provides documented confirmation of compliance with these requirements. 

It is an operational and regulatory disclosure rather than an announcement concerning financial performance, business expansion or changes in capital structure. 

Details of Dhruv Consultancy Services' Filing 

The company identified the relevant securities under ISIN INE506Z01015. 

Its submission was signed by Managing Director Tanvi T. Auti, while the accompanying RTA certificate was issued under the authorisation of Ashok Shetty, Senior Vice President, Corporate Registry, at MUFG Intime India. 

Although the certificate confirms compliance with the prescribed procedures, it does not separately disclose the number of shares dematerialised during the quarter or the volume of individual requests received. 

The company has therefore reported procedural compliance without announcing any change in its issued share capital through this filing. 

The disclosure forms part of Dhruv Consultancy Services' routine quarterly reporting to the stock exchanges.