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Lakshmi Finance & Industrial Corporation Limited has received certification regarding the dematerialization of securities for the quarter ended 31.12.2024. The securities were verified, mutilated, and canceled, with updates made in the records for both National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) within the standard timeframe.
This operational efficiency indicates a streamlined process within the company, reinforcing its governance standards. While there’s no direct financial implication, maintaining proper records can enhance investor trust. Overall, this reflects positively on the company’s management practices and may bolster investor sentiment in the long run.
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