Shree Renuka Sugars has announced the completion of its mandatory security dematerialization procedures for the fourth quarter of the financial year. The company confirmed that all share certificates received for dematerialization during the period ending March 31, 2026, have been successfully processed, verified, and updated in the company’s records. This confirmation ensures all shareholder records are accurately maintained and reflects the company’s adherence to standard electronic securities processing protocols.
Quarterly Processing Status
Shree Renuka Sugars, in collaboration with its Registrar and Share Transfer Agent, KFin Technologies Limited, has successfully concluded the dematerialization process for the quarter ending March 31, 2026. This process involves converting physical share certificates into electronic holdings, ensuring transparency and ease of trading for investors.
Verification and Security Measures
During the verification process, all physical security certificates were duly mutilated and cancelled following rigorous internal checks by depository participants. The company confirmed that the names of the respective depositories have been successfully substituted in the register of members, establishing them as the registered owners within the mandated 15-day turnaround period.
Stock Exchange Listing
The company has further confirmed that the securities processed during this period have been duly listed on the stock exchanges. This ensures that the dematerialized shares are fully integrated and available for trading alongside the existing issued securities of the company, maintaining uniform liquidity across the market.
Source: BSE
