Shriram Finance Limited has released its share dematerialization report for the second half of April 2026. The company confirmed that it has successfully processed and converted physical share certificates into electronic form for several folios. This action ensures compliance with standard market practices, as the physical certificates were mutilated and cancelled by the Registrar and Share Transfer Agent, Integrated Registry Management Services, to facilitate seamless trading for the respective shareholders.
Dematerialization Overview
During the period from April 16, 2026, to April 30, 2026, Shriram Finance Limited successfully completed the dematerialization process for multiple share certificates. This procedural update reflects the company’s commitment to maintaining electronic records for its shareholders, effectively replacing physical holdings with digital assets to support efficient market operations.
Key Transaction Highlights
The company processed various requests involving a diverse range of share counts. Notable dematerialization entries include:
- A significant conversion of 5,000 shares associated with folio 65111.
- Processing of 2,500 shares for folio 65107.
- Multiple smaller tranches, including 1,710 shares for folio 65112 and 1,500 shares for folios 65109 and 70910.
- Overall, the company handled various requests ranging from 100 shares to 5,000 shares per certificate.
Process Compliance
Following the verification of security certificates received from Depository Participants, the Registrar and Share Transfer Agent performed the mandatory mutilation and cancellation of the physical certificates. The records were subsequently updated to reflect the respective depositories as the registered owners, ensuring that all shares are officially listed and available for trade on the stock exchanges.
Source: BSE
