Arvind Limited has successfully completed the reconciliation of its share dematerialization process for the quarter ended March 31, 2026. The company, in conjunction with its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, confirmed that all securities received for conversion were processed, verified, and listed within the prescribed timelines, ensuring accurate records for all shareholders.
Quarterly Compliance Update
Arvind Limited has received confirmation from its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, regarding the verification of shares for the quarter ending March 31, 2026. This process is a vital part of maintaining accurate electronic records for shareholders and ensuring seamless trading operations on the stock exchanges.
Verification and Processing Status
The company confirmed that all security certificates received for dematerialization during this period were handled with strict adherence to standard operational procedures. Specifically, the following actions were completed:
- Verification: All received certificates were cross-verified against depository records.
- Processing: Shares were accepted or rejected within the established timeframes.
- Cancellation: Certificates were duly mutilated and cancelled after verification.
- Record Update: The register of members has been updated to reflect the depositories as the registered owners of the dematerialized securities.
Impact on Shareholders
These actions ensure that all dematerialized securities are officially listed on the stock exchanges, maintaining consistency with the company’s previously issued shares. This reconciliation confirms that there are no pending discrepancies in the share records, providing shareholders with continued transparency and security regarding their holdings.
Source: BSE