Thermax Limited confirms compliance with SEBI regulations regarding dematerialization for the quarter ended September 30, 2025 (Q2 2026). Securities received for dematerialization have been mutilated and canceled after due verification. The depository’s name has been substituted in company records as the registered owner within 15 days of receiving the security certificate. Dematerialized securities are listed on the stock exchanges.
Dematerialization Compliance
Thermax Limited has confirmed adherence to regulatory guidelines concerning securities dematerialization for the fiscal quarter ending September 30, 2025. This certificate, dated October 8, 2025, assures that all procedures related to the conversion of physical shares to electronic form have been carried out as per the mandates.
Key Points of Compliance
The company, through its Registrar and Transfer Agent, KFin Technologies Limited, has verified and processed all securities received for dematerialization. The key steps undertaken include:
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* Mutilation and cancellation of securities after due verification.
* Substitution of the depository’s name in the company records within 15 days.
The details have been furnished to the stock exchanges where the company’s shares are listed, and the dematerialized securities are confirmed to be listed on those exchanges.
Source: BSE
