Raymond Limited has officially confirmed the successful processing of security dematerialization requests for the quarter ending March 31, 2026. In collaboration with its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, the company verified that all received share certificates were processed, cancelled, and updated in the register of members within the mandated timelines, ensuring seamless operations for the company’s investors and stakeholders.
Quarterly Compliance Update
Raymond Limited has concluded its mandatory review of share dematerialization activities for the final quarter of the financial year, covering the period from January 1, 2026, to March 31, 2026. This process is essential for maintaining transparent and efficient electronic record-keeping of the company’s equity shares.
Verification and Processing Standards
Working alongside MUFG Intime India Private Limited, the company ensured that all securities submitted by depository participants were handled with high precision. Key procedural milestones confirmed include:
- Timely Processing: All dematerialization requests received during the quarter were validated and confirmed within the prescribed turnaround times.
- Certificate Cancellation: Security certificates received for conversion were formally mutilated and cancelled following rigorous verification.
- Record Updates: The register of members has been successfully updated to reflect the depositories as the registered owners of the dematerialized securities.
- Market Listing: All shares processed during this quarter are fully listed on the respective stock exchanges, ensuring liquidity and consistency for shareholders.
Commitment to Shareholder Services
By strictly adhering to these operational requirements, Raymond Limited reaffirms its commitment to maintaining accurate electronic records and providing seamless share management services to its investors. This confirmation marks the successful completion of the company’s administrative obligations for the quarter ended March 31, 2026.
Source: BSE
