Oil and Natural Gas Corporation Limited (ONGC) has confirmed the successful completion of all regulatory requirements regarding the dematerialization of its equity shares. The company’s Registrar and Share Transfer Agent, Alankit Assignments Limited, has certified that all physical share certificates received during the quarter ended March 31, 2026, have been processed, cancelled, and updated in the company’s records to reflect the depository as the registered owner.
Share Dematerialization Status
ONGC has officially announced the successful validation of its share dematerialization processes for the final quarter of the financial year, covering the period from January 1, 2026, to March 31, 2026. This process ensures that all physical equity shares submitted for conversion into electronic form have been verified and processed by the company’s designated transfer agent.
Verification and Security Measures
As part of the routine administrative protocol, Alankit Assignments Limited confirmed that all physical certificates received during this quarter underwent a thorough verification process. Following this verification, the certificates were mutilated and cancelled to prevent unauthorized circulation. Furthermore, the official records have been updated to designate the relevant depository as the registered owner of these securities, ensuring transparency and adherence to standard market practices for electronic shareholding.
Source: BSE
