Sunflag Iron and Steel Company Limited has successfully concluded the reconciliation process for security dematerialization for the quarter ended 31st March 2026. The company confirmed that all security certificates received during this period were processed, verified, and updated in the register of members within the mandated 15-day timeframe. This process ensures the seamless conversion of physical securities into electronic form, maintaining full compliance with standard depository procedures.
Quarterly Dematerialization Reconciliation
Sunflag Iron and Steel Company Limited has completed its audit and verification process for dematerialized securities for the fourth quarter (Q4), covering the period from January to March 2026. This routine procedure confirms that all requests for dematerialization received from depository participants have been addressed efficiently.
Compliance and Processing Standards
The company, in coordination with its Registrar and Share Transfer Agent, Bigshare Services Private Limited, has verified that all securities processed for dematerialization have been mutilated and cancelled following rigorous validation. Furthermore, the name of the respective depositories has been updated in the company’s register of members within the required 15-day window. This operational milestone ensures that investors maintain accurate electronic records of their shareholdings, facilitating liquidity and transparency in the trading of company securities.
Source: BSE
