JK Tyre & Industries Ltd has successfully completed the reconciliation process for equity share dematerialization for the quarter ended 31st March 2026. The company, in coordination with its Registrar and Share Transfer Agent, Alankit Assignments Limited, has confirmed that all physical shares received for conversion during this period have been verified, cancelled, and appropriately updated in the depository records to reflect the new registered owners.
Share Dematerialization Process
Following the conclusion of the fourth quarter on 31st March 2026, JK Tyre & Industries Ltd has finalized the validation of physical share certificates submitted for dematerialization. This exercise ensures that all shares processed during this period are accurately listed and reflected within the electronic depository system, maintaining transparency and operational efficiency for the company’s shareholders.
Compliance and Verification
As part of the verification protocol, the company’s Registrar and Share Transfer Agent, Alankit Assignments Limited, has confirmed that all submitted physical certificates underwent a thorough verification process. Upon validation, these certificates were mutilated and cancelled. The records have been updated accordingly to substitute the depository as the registered owner, ensuring that the dematerialized securities are fully recognized and listed on the relevant stock exchanges.
Source: BSE
