Company Update

Karnavati Finance has received a certificate from its Registrar and Share Transfer Agent, Satellite Corporate Services, confirming the status of share dematerialisation for the quarter ended June 30. The certificate states that while standard procedures are in place for converting physical shares to demat form, the company did not receive any physical certificates for dematerialisation during this quarter.

This is a routine compliance disclosure for shareholders, indicating stable share registry operations without new demat activity from physical shares.