Elecon Engineering Company Limited has received formal confirmation from its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, regarding the processing of security certificates. The company successfully completed the verification, mutilation, and cancellation of certificates submitted for dematerialization during the fourth quarter of the financial year, ending March 31, 2026. This process ensures the register of members accurately reflects the updated ownership status within the stipulated timelines.
Quarterly Dematerialization Update
Elecon Engineering Company Limited has successfully concluded the reconciliation of its share certificates for the quarter ended March 31, 2026. In a formal confirmation provided by the company’s Registrar and Share Transfer Agent, it was verified that all securities received from depository participants for dematerialization were processed in accordance with established protocols.
Processing and Verification Standards
During the January-March 2026 period, all submitted security certificates underwent rigorous verification. The process included the mandatory mutilation and cancellation of physical certificates following successful validation. The company has confirmed that the details of the affected securities have been updated in the register of members, with the respective depositories now recognized as the registered owners of these shares.
Stock Exchange Compliance
The company has ensured that all processed securities are fully listed on the relevant stock exchanges, maintaining consistency with existing equity listings. This administrative update confirms that all investor requests for conversion to electronic format for the final quarter of the fiscal year have been finalized within the required regulatory timeframes.
Source: BSE
