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The Stakeholders Relationship Committee of Birla Cable Limited has approved the issuance of duplicate share certificates for three shareholders due to the loss of original certificates. Specifically, Lalita Devi Gaggar will receive a new certificate for 100 shares, Savitaben Arvind Kumar Shah for 100 shares, and Deviyani Thakker for 100 shares, replacing their respective lost certificates.
This move could enhance shareholder confidence as it addresses potential concerns related to share ownership and security. By ensuring that shareholders have access to their holdings, the company aims to maintain strong relationships with its investors, potentially fostering a positive outlook in the market.