CG Power and Industrial Solutions Limited — Others, 23-12-2024: Loss of Share Certificates

CG Power and Industrial Solutions Limited has issued a "Letter of Confirmation" for a duplicate share certificate following the reported loss of certificates belonging to shareholder S.P. Sawant, covering 525 shares. This issuance aligns with SEBI guidelines and ensures the shareholder retains their ownership.

The company's actions demonstrate responsiveness in safeguarding shareholder interests, potentially enhancing investor confidence. This move may foster a positive outlook among investors concerned about share certificate security, although careful monitoring of any further incidents of lost certificates will be vital.