Trent Limited has issued a reminder to its shareholders to dematerialise their physical shares. This action is urged to be completed at the earliest by contacting their Depository Participant. Information regarding dematerialisation and its benefits is available on the company’s website.
Dematerialisation of Shares
Trent Limited is reminding shareholders to convert their physical shares into dematerialised form. Shareholders who still possess physical shares are encouraged to dematerialise them as soon as possible by contacting their Depository Participant.
Benefits of Dematerialisation
Holding shares in dematerialised form offers several advantages:
- Convenience in holding securities, especially when holding shares of multiple companies.
- Immediate transfer of securities.
- Reduced paperwork and transaction costs.
- Time-saving features, such as address and bank account updates reflected across all holdings.
- Direct credit of shares in case of allotment under Initial Public Offer, Rights Issue, Bonus Issue, Stock Split, etc.
- Easier portfolio management and online access.
Contact Information
For any questions regarding this process, shareholders can contact MUFG Intime India Private Limited. They are the Registrar and Share Transfer Agent of Trent Limited.
Source: BSE
