Rubicon Research Limited (formerly Rubicon Research Private Limited) has submitted a certificate confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended December 31, 2025. The certificate, dated January 1, 2026, was issued by MUFG Intime India Private Limited, the company's Registrar and Share Transfer Agent.

The certificate confirms that securities received from depository participants for dematerialisation during the specified quarter were processed and confirmed with the depositories. It also states that the affected securities were listed on the stock exchanges where the company's securities are already listed. Furthermore, the security certificates received for dematerialisation were duly verified, cancelled, and replaced with the depositories' names in the register of members within the stipulated timelines.

The company has requested that this information be taken on record. The announcement was broadcast on January 9, 2026.