ITC Limited has confirmed the successful completion of its share dematerialization processes for the quarter ended 31st March 2026. The company verified that all processed share certificates were duly mutilated and cancelled, with the respective depository records updated to reflect the new ownership status within the mandated 15-day timeframe. This administrative update ensures continued alignment with the company’s commitment to maintaining seamless electronic record-keeping for its shareholders.
Quarterly Compliance Summary
ITC Limited has formally verified the completion of its securities dematerialization procedures for the final quarter of the financial year, covering the period ending 31st March 2026. This process involves the transition of physical shares into electronic format, ensuring that records remain accurate and up-to-date within the central depository systems.
Verification and Security Measures
As part of the routine administrative oversight, the company confirmed that all share certificates received for conversion underwent rigorous verification. Following this validation, the physical documents were mutilated and cancelled to prevent further circulation. Furthermore, the company successfully updated its records to reflect the depository as the registered owner of these securities within the required 15-day window of receipt. These steps remain central to protecting shareholder interests and maintaining the integrity of the company’s equity listings on major national stock exchanges.
Source: BSE
