Himadri Speciality Chemical Ltd has successfully completed the dematerialization process for securities received during the quarter ended March 31, 2026. In accordance with standard procedures, the company verified that all processed share certificates were mutilated and cancelled. The registrar has effectively substituted the names of the depositories in the register of members, ensuring the transition to electronic form was executed within the mandated 15-day timeframe.
Compliance and Verification Update
Following the conclusion of the quarter ended March 31, 2026, Himadri Speciality Chemical Ltd has verified the successful processing of all securities submitted for dematerialization. This transition reflects the company’s commitment to maintaining efficient digital records and operational transparency for its shareholders.
Processing Standards
The company confirmed that all securities received from depository participants during this period were processed and validated within the required 15-day window. The process involved the physical mutilation and cancellation of share certificates to ensure the integrity of the electronic records. Additionally, the list of holders in the company’s register of members has been updated to reflect the depositories as the registered owners, providing seamless integration for investors moving toward a fully digitized holding environment.
Source: BSE
