Pitti Engineering Limited — Others, 18-12-2024: Loss of Share Certificates

Pitti Engineering has reported the loss of a share certificate held by Rajesh N Modi and Ila R Modi, totaling 200 shares. The shareholders have requested a duplicate certificate, prompting the company to initiate the process of issuing a letter of confirmation in accordance with SEBI guidelines. This incident may raise concerns about shareholder security and the company's share administration practices. However, the prompt action to address the request reflects diligence in managing shareholder interests, which could foster a positive outlook among investors regarding the company’s governance.