ALPHA TRIBE

SRF LimitedOthers, 31-12-2024: Loss of Share Certificates

31-12-2024 | 12:52 pm

SRF Limited's stakeholders relationship committee has approved the issuance of duplicate share certificates for several shareholders affected by lost shares. The face value of each certificate is ₹10, with various shareholders receiving new certificates corresponding to specific lost shares. This move enhances shareholder convenience and clarity in ownership, as duplicate certificates allow for trading in the market. Investor sentiment may react positively due to enhanced transparency and ease of trading, potentially mitigating risks associated with lost or untradeable shares.

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