Oracle Financial Services Software Limited has successfully completed the reconciliation of securities dematerialized during the fourth quarter, ending March 31, 2026. The company, in coordination with its Registrar and Transfer Agent, KFin Technologies Limited, has verified that all share dematerialization requests processed during this period adhere to required standards, ensuring all relevant stock exchanges are duly informed.
Quarterly Securities Reconciliation
Oracle Financial Services Software Limited has finalized its periodic review of share dematerialization for the quarter concluding on March 31, 2026. This process ensures that all electronic conversion requests for shares have been accurately tracked and processed within the stipulated 15-day turnaround period from the date of receipt.
Verification and Compliance Standards
In partnership with KFin Technologies Limited, the company has confirmed that the following actions were completed for all demat requests received between January 1, 2026, and March 31, 2026:
- All dematerialization requests were thoroughly verified, with appropriate approvals or rejections issued.
- Records at the depositories have been updated to reflect the current listing status of the shares.
- Security certificates have been systematically mutilated and cancelled post-verification.
- The Register of Members has been updated to officially reflect the change in ownership for approved requests.
This verification confirms that the company maintains robust operational standards regarding the electronic conversion of physical shares, providing transparency for its shareholders and market participants.
Source: BSE
