Power Mech Projects Limited has successfully completed the processing of security dematerialization requests for the quarter ended March 31, 2026. In collaboration with its Registrar and Transfer Agent, the company has confirmed that all received securities have been verified, mutilated, and cancelled. The records of the relevant depositories have been updated to reflect the change in ownership, ensuring compliance with standard market procedures for share processing.
Processing of Securities
Power Mech Projects Limited has finalized its security processing activities for the quarter ending March 31, 2026. Through its Registrar and Transfer Agent, Venture Capital and Corporate Investments Private Limited, the company has ensured that all securities submitted for dematerialization were processed within the stipulated 15-day window following the receipt of valid documentation.
Depository Updates
The verification process involved the formal mutilation and cancellation of physical share certificates. Following these steps, the company has successfully updated its records to designate the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as the registered owners of the dematerialized securities. This update ensures that all ownership records are accurately aligned with current market infrastructure requirements.
Source: BSE