Lloyds Engineering Works Limited has confirmed the successful completion of security dematerialization processes for the quarter ended March 31, 2026. The company, in coordination with its Registrar and Share Transfer Agent, Bigshare Services Private Limited, verified that all security certificates received from depository participants were duly processed, mutilated, and cancelled within the mandated 15-day timeframe, ensuring accuracy in the company’s register of members.
Compliance and Process Verification
Lloyds Engineering Works Limited has successfully concluded the reconciliation of its share dematerialization activities for the quarter ending March 31, 2026. Through an official verification process conducted by its Registrar and Share Transfer Agent, Bigshare Services Private Limited, the company has ensured that all securities submitted by depository participants were handled in accordance with established procedural standards.
Maintaining Shareholder Records
A key aspect of this process involves the systematic mutilation and cancellation of physical security certificates once they have been successfully dematerialized. The company has confirmed that the names of the respective depositories were formally substituted as the registered owners in the company’s books within the required 15-day window. This ensures that all electronic security records remain up-to-date and accurately reflect current shareholding structures.
Listing Status
The company further confirmed that all securities included in these dematerialization requests have been successfully listed on the authorized stock exchanges where the company’s existing securities are traded. This verification process serves to maintain transparency and operational efficiency for shareholders transitioning from physical to electronic holdings.
Source: BSE
