Thermax Limited — Others, 07-01-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018
07-01-2025 | 10:24 am
07-01-2025 | 10:24 am
Thermax has reported that securities received for dematerialization have been successfully mutilated and cancelled, with the updated records reflecting the depository as the registered owner. This certification pertains to the quarter ended December 31, 2024, and confirms that the dematerialized securities remain listed on the relevant stock exchanges.
This update enhances operational efficiency and underlines compliance with regulatory requirements, potentially instilling confidence among investors regarding the company's commitment to orderly governance and transparency. The clarity in share handling could foster a positive outlook, reinforcing investor sentiment around Thermax's operational rigor.
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