ALPHA TRIBE

Saregama India LimitedOthers, 13-12-2024: Loss of Share Certificates

13-12-2024 | 03:39 pm

SAREGAMA India Limited has reported the loss of a share certificate belonging to shareholder K. Jameela Mohamed, leading to a stop transfer request being marked by their Registrar and Share Transfer Agent. The affected certificate number 142233, covering 800 shares, is temporarily halted following the regulations regarding lost certificates. A “Letter of Confirmation” will be issued once the necessary procedures are completed. This incident may generate investor concerns regarding share security, but it seems manageable given the procedural safeguards in place, suggesting a neutral impact on overall investor sentiment.

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