ALPHA TRIBE

Morarjee Textiles LimitedOthers, 06-12-2024: Loss of Share Certificates

06-12-2024 | 04:53 pm

Morarjee Textiles Ltd. has announced a board meeting to address the issuance of a duplicate share certificate for 205 shares, following a loss report from shareholder Maria Clarina S. Fernando. The original certificate, with a face value of ₹7 each, was misplaced, prompting this action. This update is crucial for maintaining shareholder integrity and could enhance confidence in the company's operational governance. Investors may view this proactive measure positively, reflecting the company's commitment to addressing shareholder concerns promptly and efficiently.

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