Exide Industries has officially confirmed the successful completion of its share dematerialization processes for the final quarter of the financial year. The company verified that all security certificates received from depository participants between January 1, 2026, and March 31, 2026, were processed, validated, and accounted for in the company’s register of members within the stipulated regulatory timelines.
Processing of Securities
During the fourth quarter of the 2025-26 fiscal year, spanning from January 1, 2026, to March 31, 2026, Exide Industries successfully managed the dematerialization of share certificates. This process ensures that physical share certificates are converted into electronic format, allowing for seamless trading and enhanced security for shareholders.
Verification and Validation
The company’s Registrar and Share Transfer Agent, CB Management Services, performed due diligence on all certificates received from depository participants. The company confirmed that all received certificates were mutilated and cancelled following rigorous verification. Consequently, the names of the respective depositories have been updated in the company’s register of members as the registered owners of these securities.
Market Compliance
Exide Industries has ensured that all securities associated with these processed certificates are duly listed on the relevant stock exchanges. This confirmation underscores the company’s ongoing commitment to maintaining high standards of transparency and operational efficiency for its investor base, ensuring that all share movements are accurately tracked and reflected within the required timeframes.
Source: BSE
