DPSC Limited — Others, 13-01-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018
13-01-2025 | 12:13 pm
13-01-2025 | 12:13 pm
India Power Corporation Limited has confirmed the successful dematerialization of securities for the quarter ended December 31, 2024. Certificates received for dematerialization were duly verified, mutilated, and cancelled, with the depository's name recorded as the registered owner. This procedural update ensures compliance with SEBI regulations and enhances the liquid nature of the company’s shares.
This development is likely to improve investor sentiment by streamlining ownership records, potentially attracting more institutional investment. Overall, it signifies proactive management in maintaining adherence to regulatory standards, which could foster a positive outlook among stakeholders.
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