Bhilwara Spinners has submitted a compliance certificate for the recent quarter, confirming adherence to norms related to dematerialization of shares.

The company's share transfer agent certified that within 15 days of receiving securities for dematerialization, these shares were listed on stock exchanges.

Furthermore, physical certificates were verified, cancelled, and the depository's name was officially recorded as the new registered owner.

This ensures proper handling and record-keeping of investor shares.