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Deepak Nitrite LimitedOthers, 06-01-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018

06-01-2025 | 10:38 am

Deepak Nitrite Limited has announced a board meeting regarding the confirmation of dematerialization of securities for the quarter ended December 31, 2024. The Registrar and Share Transfer Agent, MUFG Intime India Pvt. Ltd., confirmed that securities received from depository participants were processed and are now listed on the relevant stock exchanges. This certificate confirms that the security certificates underwent verification and were duly canceled, with the names of the depositories updated in the members' register.

This update signifies the effective management of securities and demonstrates adherence to procedural timelines, potentially enhancing investor confidence in the company's operational integrity. The streamlined dematerialization process may foster improved trading liquidity, representing a positive outlook for shareholders.

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