Generic Engineering Construction and Projects Limited — Others, 15-01-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018

Generic Engineering Construction and Projects Limited has submitted a certificate for the quarter ended December 31, 2024, confirming that no physical share certificates were received for dematerialization during this period. The certificate, issued by Satellite Corporate Services, states that the securities were listed on the stock exchanges and verifies that any received certificates have been mutilated and canceled. This update maintains transparency in the company’s shareholding processes, which could enhance investor confidence. While there may be a neutral impact on share liquidity, the absence of physical shares could lead to a more streamlined trading experience for shareholders.