UPL Limited has confirmed the successful processing of its dematerialization requests for the quarter ending March 31, 2026. Through its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, the company verified that all security certificates received during this period were duly processed, mutilated, and cancelled. These actions were completed within the mandated timelines, ensuring that the register of members accurately reflects the updated holdings for the relevant investors.
Quarterly Dematerialization Update
UPL Limited has successfully completed the reconciliation and verification process for dematerialized shares for the quarter concluded on March 31, 2026. This process was executed in coordination with its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, to ensure the integrity of the company’s share registry.
Processing and Verification Standards
During the reporting period, all security certificates submitted for dematerialization underwent thorough verification. The company confirms that:
- All certificates received from depository participants were either accepted or rejected within the prescribed regulatory timelines.
- The verified certificates were properly mutilated and cancelled to prevent unauthorized reuse.
- The names of the respective depositories were formally substituted in the register of members, correctly identifying the registered owners.
- The securities represented by these certificates remain listed on the relevant stock exchanges, maintaining consistency with earlier issued securities.
Ensuring Investor Transparency
By strictly adhering to these verification procedures, UPL Limited maintains high standards of corporate governance and transparency. This confirmation ensures that all electronic share transfers and conversions were processed accurately, providing shareholders with updated and reliable ownership records as of March 31, 2026.
Source: BSE
