PTC Industries Limited has received confirmation regarding the processing of security dematerialization requests for the quarter ended 31st March 2026. The company’s registrar and transfer agent has verified that all received requests were processed in compliance with required standards, ensuring that all shares are accurately reflected in the depository systems. This procedural update confirms that member registers have been duly updated for all successfully processed dematerialization applications during this period.
Quarterly Dematerialization Update
PTC Industries Limited has concluded the verification process for securities dematerialization for the quarter concluding on March 31, 2026. The process, managed by the company’s registrar, confirms that all securities received from depository participants have been systematically reviewed. This ensures that the electronic records maintained by the depositories align with the company’s official register of members.
Compliance and Processing Standards
During the verification process, all security certificates submitted for dematerialization were subjected to strict verification protocols. This included the mutilation and cancellation of physical certificates, ensuring the integrity of the transition from physical to electronic holding. The company has confirmed that the names of the depositories have been officially substituted in the register of members as the registered owners of these securities.
Operational Efficiency
The reconciliation process was conducted within the prescribed timelines, maintaining standard operational efficiency for shareholder services. By completing these updates, PTC Industries continues to ensure transparency and accuracy in its shareholding structure, providing shareholders with a seamless experience in managing their electronic security holdings.
Source: BSE