Usha Martin Limited has received formal confirmation regarding the processing of share dematerialization requests for the quarter ended March 31, 2026. The company’s Registrar and Share Transfer Agent, KFin Technologies Limited, has verified that all securities received for conversion have been successfully mutilated and cancelled, with the depository records updated accordingly within the stipulated timeframe, ensuring full compliance for the reporting period.
Quarterly Dematerialization Update
Usha Martin Limited has successfully concluded the reconciliation process for security dematerialization for the quarter ending March 31, 2026 (Q4 FY26). The company collaborated with its Registrar and Share Transfer Agent, KFin Technologies Limited, to ensure all shareholder requests for converting physical shares into electronic form were processed accurately and efficiently.
Compliance and Processing Details
As part of the routine quarterly verification, KFin Technologies Limited confirmed that all certificates submitted for dematerialization during the period were thoroughly validated. Following this, the security certificates were duly mutilated and cancelled to prevent unauthorized circulation. The records of the respective depositories have been updated to reflect the new registered owners, ensuring that all shareholder accounts are current and accurate as of March 31, 2026.
Operational Efficiency
The processing of these requests was completed within the mandated timelines, demonstrating the company’s commitment to maintaining smooth operations for its investors. All relevant data regarding these dematerialization activities has been formally shared with the relevant stock exchanges and depository participants, providing transparency in the company’s shareholding structure.
Source: BSE
