Bajaj Electricals Limited has confirmed the successful completion of dematerialization requirements for the quarter ended March 31, 2026. The company, in coordination with its Registrar and Transfer Agent, MUFG Intime India Private Limited, ensured that all securities received from depository participants were processed, verified, and updated in the register of members in accordance with established timelines.
Compliance for the Quarter
Bajaj Electricals Limited has officially fulfilled its mandatory reporting requirements regarding security certificates. The company verified that all securities received for dematerialization during the quarter ending March 31, 2026, were handled appropriately. This process ensures that the records held by depositories align with the company’s internal register of members.
Processing and Verification Standards
The company confirmed that all received certificates were subjected to necessary mutilation and cancellation procedures after being cross-verified by the respective depository participants. These actions guarantee that the dematerialization process remains secure and transparent for all shareholders. The company has validated that these securities are properly listed on the relevant stock exchanges, maintaining consistency with earlier issued securities.
Source: BSE
