Oswal Pumps Ltd has confirmed that all security certificates received for dematerialization during the quarter ending March 31, 2026, have been processed in accordance with industry requirements. The company’s Registrar and Share Transfer Agent, MUFG Intime India Private Limited, has verified that all necessary cancellations were performed and that the depositories have been updated to reflect the new ownership status within the prescribed timelines.
Quarterly Compliance Update
Oswal Pumps Ltd has successfully completed its mandatory reconciliation process for share dematerialization for the quarter concluding on March 31, 2026. This process ensures that all shares converted into electronic form are accurately recorded and validated across the relevant depository systems, maintaining transparency for shareholders.
Verification Process
The company, in coordination with its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, has confirmed the completion of all necessary administrative requirements. This includes the physical mutilation and cancellation of share certificates submitted for electronic conversion, followed by the formal update of the register of members. These steps ensure that the shares listed on the stock exchanges remain fully compliant with established market protocols.
Impact on Shareholders
The successful processing of these records ensures that shareholders maintain seamless access to their holdings in electronic format. By adhering to these verification timelines, the company reinforces its commitment to operational efficiency and accurate shareholder record-keeping, ensuring that all dematerialized securities are properly accounted for and officially recognized by the depositories.
Source: BSE
