Indian Oil Corporation has confirmed the successful processing of security dematerialization requests for the quarter ending March 31, 2026. Through its Registrar and Transfer Agent, KFin Technologies Limited, the company verified that all received share certificates were properly processed, mutilated, and cancelled within the mandated 15-day timeframe. This process ensures that the transition of ownership records is accurately reflected in the company’s registers.
Quarterly Dematerialization Update
Indian Oil Corporation has successfully concluded its audit and verification process for all security dematerialization requests received during the fourth quarter of the financial year, covering the period ending March 31, 2026. The confirmation was facilitated in partnership with KFin Technologies Limited, the company’s designated Registrar and Transfer Agent.
Operational Compliance Details
The company maintains rigorous standards for updating investor records. During this period, all securities submitted for conversion from physical to electronic form underwent a thorough verification process. This included the formal mutilation and cancellation of original physical certificates to prevent unauthorized reuse, followed by the seamless substitution of depository names in the register of members.
Efficiency in Record Management
Indian Oil Corporation continues to prioritize prompt investor services by ensuring that all dematerialization requests are addressed within 15 days of receipt. This efficiency underscores the company’s commitment to maintaining accurate and transparent shareholding records, providing seamless integration for investors operating within the digital depository system.
Source: BSE
