REC Limited has issued its mandatory confirmation regarding the dematerialization of equity shares for the quarter ended March 31, 2026. The company, in coordination with its Registrar and Transfer Agent, Alankit Assignments Limited, has confirmed that all physical share certificates received during this period were processed, verified, and effectively dematerialized. This process ensures the seamless transition of physical holdings into electronic format, maintaining compliance with standard corporate security protocols.
Share Processing Confirmation
REC Limited has successfully completed the reconciliation and verification of all physical share certificates submitted for dematerialization during the quarter ending March 31, 2026. This process confirms that the company has actively managed its electronic registry updates, ensuring that shareholder records are accurately maintained and synchronized with the depository system.
Compliance and Integrity
As part of the dematerialization workflow, all received physical certificates have been formally mutilated and cancelled upon verification. The company has officially substituted the name of the depository in its records as the registered owner of the dematerialized securities. This procedure reinforces the integrity of the company’s shareholding structure and supports efficient electronic trading for its investors.
Next Steps for Shareholders
The confirmation provided by Alankit Assignments Limited ensures that shareholders who opted to convert their physical shares into electronic form have had their requests processed within the stipulated timeframe. Investors are encouraged to maintain their demat accounts in good standing to facilitate future corporate actions and seamless transaction settlements.
Source: BSE
