Seshasayee Paper and Boards Limited — Others, 25-11-2024: Loss of Share Certificates

Seshasayee Paper and Boards Limited has issued 'Letter(s) of Confirmation' to shareholders for lost or misplaced share certificates. This issuance is part of the company's adherence to SEBI guidelines, which now mandate such requests be fulfilled in dematerialized form. Notably, shareholders have a 120-day window from the letter's issue date to complete demat requests, after which unclaimed shares will move to a Suspense Escrow Demat Account. This initiative could enhance share liquidity and simplify ownership transfer processes, potentially fostering a positive outlook among investors.