ALPHA TRIBE

ITC LimitedOthers, 04-02-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018

04-02-2025 | 04:01 pm

ITC Limited reported that it dematerialized 7,31,323 shares in January 2025, as specified in the provided annexure. The company confirmed the cancellation of share certificates following verification and updated its records to reflect the depository as the registered owner. Notably, there was no rematerialization during this period.

This move potentially enhances operational efficiency and the liquidity of shares, positively influencing investor sentiment by providing greater transparency in ownership. The update indicates robust compliance with market practices, underpinning a stable governance structure, which can foster a more positive outlook among shareholders.

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