Jaiprakash Power Ventures Limited has confirmed the successful completion of security dematerialization processes for the quarter ending March 31, 2026. In alignment with official verification protocols, all physical share certificates received during this period were duly mutilated and cancelled. The company has officially updated its records to reflect the transfer of ownership to the relevant depository, ensuring seamless transition for its shareholders and maintaining high standards of corporate governance.
Quarterly Dematerialization Report
Jaiprakash Power Ventures Limited has announced the successful conclusion of its share dematerialization verification for the fourth quarter of the fiscal year, ending March 31, 2026. This process is a critical step in the company’s commitment to maintaining accurate electronic records for its equity stakeholders.
Verification and Compliance
The company, in coordination with its Registrar and Share Transfer Agent, Alankit Assignments Limited, has completed the necessary verification procedures for all physical share certificates submitted for conversion into electronic form. Each of the submitted certificates has been mutilated and cancelled following rigorous internal checks to ensure authenticity and regulatory compliance.
Updated Shareholder Records
Following the cancellation of physical certificates, the company has officially substituted the name of the depository in its records as the registered owner. This update ensures that the electronic records are accurately reflected, facilitating smooth trading and settlement processes for the company’s shareholders. These measures reflect the company’s ongoing efforts to streamline its equity management and improve shareholder experience.
Source: BSE
