Astonea Labs - Astonea Labs
Financial Performance
Operational Drivers
Strategic Growth
Products & Services
Equity Shares (Company is listed on BSE with Scrip Code 544409 and ISIN INE0TG901011). Specific commercial products/services are not disclosed in the provided regulatory filings.
Brand Portfolio
Astonea Labs Limited.
Strategic Alliances
The company maintains a professional relationship with KFin Technologies Limited as its Registrar and Share Transfer Agent (RTA) for managing its equity share registry and depository interactions.
External Factors
Industry Trends
The company is operating within the Indian capital markets framework, adhering to SEBI (Depositories and Participants) Regulations, 2018. The trend towards complete dematerialization of securities ensures transparency and liquidity for shareholders, which is critical for maintaining investor confidence in listed entities.
Regulatory & Governance
Industry Regulations
The company is governed by the SEBI (Depositories and Participants) Regulations, 2018. Specifically, under Regulation 74(5), the company and its RTA (KFin Technologies) must process dematerialization requests within 15 days, ensuring that security certificates are mutilated and cancelled and the depository's name is substituted in the register of members. This regulation ensures the integrity of the electronic shareholding system.
Risk Analysis
Geographic Concentration Risk
The company is headquartered in Chandigarh (Sector-22B), indicating a primary administrative concentration in Northern India.
Third Party Dependencies
Significant dependency on KFin Technologies Limited for Registrar and Share Transfer services; any failure in RTA compliance could lead to regulatory penalties under SEBI guidelines.