AAVAS Financiers has received a certificate confirming the dematerialization of securities for the quarter ended September 30, 2025. The certificate, as per Regulation 74(5), confirms that securities received for dematerialization have been duly processed and verified. This ensures compliance with regulatory requirements and maintains the integrity of the company’s shareholding records.
Dematerialization Certificate Received
AAVAS Financiers has received a certificate from MUFG Intime India Private Limited, the Registrar and Share Transfer Agent, concerning the dematerialization of securities. This confirms the compliance with regulatory requirements for the quarter ended September 30, 2025.
Key Details of the Confirmation
The certificate confirms that the securities received from depository participants for dematerialization have been processed. The process includes confirmation to the depositories, ensuring that the securities have been listed on the stock exchanges where they were initially issued.
Verification and Cancellation
The security certificates received for dematerialization have been confirmed, and subsequently, the certificates were mutilated and cancelled following verification by the depository participant. The name of the depositories has been updated in the register of members. This confirms all necessary steps have been taken to update records to show the appropriate ownership of shares.
Source: BSE