Garware Technical Fibres Limited has confirmed the successful completion of all share dematerialization requests for the quarter ending March 31, 2026. The company, in coordination with its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, ensured that all securities received for conversion were accurately processed, mutilated, and cancelled in compliance with standard market procedures to maintain the integrity of the company’s register of members.
Share Processing Confirmation
Garware Technical Fibres Limited has finalized the reconciliation of securities received for dematerialization during the fourth quarter of the financial year, covering the period from January to March 2026. This process ensures that physical share certificates submitted by investors are effectively converted into electronic format, facilitating seamless trading on public stock exchanges.
Compliance and Verification Process
The company confirmed that all necessary verification steps were performed by its Registrar and Share Transfer Agent, MUFG Intime India Private Limited. Upon receipt of securities, the certificates underwent mandatory mutilation and cancellation to prevent unauthorized reuse. Following this verification, the depositories were officially updated to reflect the change in ownership, ensuring the records of the company are accurate and current.
Market Listing Verification
It has been verified that all securities successfully dematerialized during this quarter are officially listed on the relevant stock exchanges. This ensures that shareholders retain full liquidity and the ability to trade their holdings in the electronic market, consistent with the listing status of previously issued securities.
Source: BSE
