Hindustan Petroleum Corporation Limited (HPCL) has announced the successful completion of compliance requirements regarding the dematerialization of securities for the quarter ending March 31, 2026. The company’s Registrar and Transfer Agent, MUFG Intime India Private Limited, has confirmed that all securities received for processing were handled in accordance with established timelines and protocols, ensuring that the register of members has been accurately updated for its stakeholders.
Quarterly Compliance Review
As part of its standard administrative operations, Hindustan Petroleum Corporation Limited has verified that its security processing activities for the fourth quarter (January–March 2026) were conducted with full compliance. This confirmation follows a thorough review by the company’s Registrar and Transfer Agent, which validated the handling of all dematerialization requests received throughout the quarter.
Verification and Processing Standards
The company confirmed that all security certificates received during the period ended March 31, 2026, underwent necessary verification procedures. Key actions taken included:
- Mutilation and Cancellation: All security certificates submitted for dematerialization were duly mutilated and cancelled following verification.
- Registry Updates: The name of the relevant depository has been successfully substituted in the company’s register of members to reflect the change in ownership status.
- Listing Confirmation: It has been verified that all securities processed are duly listed on the stock exchanges where the company’s existing securities are traded.
This process ensures that all shareholder transitions are handled within the prescribed timelines, maintaining operational transparency and security for the company’s investors.
Source: BSE
