Shriram Finance Limited has released its share dematerialization data for the first half of April 2026. The company processed the conversion of physical share certificates into electronic format for multiple folios between April 1 and April 15, 2026. This process reflects the ongoing transition toward digital holdings, ensuring that securities are duly accounted for and updated in the company’s records in accordance with standard depository procedures.
Dematerialization Summary
During the period from April 1, 2026, to April 15, 2026, Shriram Finance successfully completed the dematerialization of share certificates for several investors. This administrative process involves the mutilation and cancellation of physical share certificates, with the corresponding holdings being credited to the respective depository accounts of the shareholders. This ensures seamless electronic trading and record-keeping.
Details of Processed Shares
The company processed various share certificates, ranging from 250 shares to 2,000 shares per folio. The details of the processed dematerialization requests are summarized as follows:
- Folio 65072: 250 shares (Certificate No. 801413)
- Folio 65110: 4,000 shares total (across Certificate Nos. 801715 and 802709)
- Folio 73867: 900 shares (Certificate No. 802905)
- Folio 65097: 260 shares (Certificate No. 801659)
Commitment to Digital Compliance
The dematerialization process was verified by the company’s Registrar and Transfer Agent to ensure accuracy in the register of members. By substituting the name of the depository as the registered owner, Shriram Finance maintains transparent and efficient management of its equity capital, facilitating easier management for shareholders and enhanced oversight for the financial markets.
Source: BSE
