TD Power Systems Limited has received the formal confirmation certificate from its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, regarding share dematerialization activities. This report covers the quarter ending March 31, 2026. The process ensures that all security certificates received for dematerialization were duly verified, mutilated, and cancelled, with the corresponding ownership records successfully updated in the company’s register.
Compliance Update for Shareholders
TD Power Systems Limited has successfully completed its mandatory reconciliation process for the quarter ended March 31, 2026 (Q4 of the financial year). This update confirms that all requests for the conversion of physical share certificates into electronic format were processed according to established standards.
Details of the Dematerialization Process
The company, in coordination with its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, has ensured that all securities received from depository participants were handled with the required verification. Key aspects of the process completed during this quarter include:
- Verification and processing of all dematerialization requests received during the quarter.
- Formal mutilation and cancellation of physical share certificates to prevent reuse.
- Update of the company’s register of members to reflect the transfer of ownership to the respective depositories.
- Verification that all such securities are properly listed on the relevant stock exchanges.
These actions ensure the transparency and integrity of the company’s shareholding records, maintaining compliance with standard market procedures for electronic security management.
Source: BSE
