ITC Limited — Others, 03-12-2024: Certificate under SEBI (Depositories and Participants) Regulations, 2018

ITC Limited has provided an update regarding the dematerialisation of shares for November 2024, confirming the successful conversion of over 2.32 lakh shares into electronic format. All corresponding share certificates have been verified, mutilated, and cancelled, with the Depository's name recorded as the registered owner. There was no need for any rematerialisation of shares during this period.

This process enhances operational efficiency and may boost liquidity by simplifying share trading, positively influencing investor sentiment. Maintaining a robust dematerialisation process can be seen as a strategic move to align with modern trading practices, underscoring ITC's commitment to efficient share management.