Nuvama Wealth Management has successfully completed its mandatory security dematerialization confirmation for the quarter ending March 31, 2026. The company, in coordination with its registrar, MUFG Intime India Private Limited, verified that all security certificates received for conversion were processed, mutilated, and cancelled within the required timelines. This process ensures all shares are accurately recorded in the register of members, maintaining high standards of transparency for shareholders and stakeholders.
Quarterly Compliance Update
Nuvama Wealth Management Limited has finalized its periodic compliance check regarding the dematerialization of shares for the quarter concluded on March 31, 2026. This process is a standard procedure to ensure that shares submitted by investors are properly converted into electronic form and duly registered.
Processing and Verification
The company, working closely with its registrar and share transfer agent, MUFG Intime India Private Limited, has confirmed the successful completion of the following actions:
- All securities received for dematerialization were accepted or rejected within the prescribed regulatory timelines.
- Every security certificate received was mutilated and cancelled following rigorous verification by depository participants.
- Names of the depositories have been updated in the company’s register of members as the registered owners of the securities.
Listing Confirmation
The company further confirmed that all securities included in these dematerialization requests have been officially listed on the relevant stock exchanges, ensuring that the processed shares maintain the same listing status as the existing securities. This verification process is vital for maintaining an accurate and efficient shareholding structure for Nuvama Wealth Management.
Source: BSE
