ALPHA TRIBE

Roto Pumps LimitedOthers, 12-11-2024: Loss of Share Certificates

12-11-2024 | 06:40 pm

Roto has announced a loss of share certificates linked to shareholder Vinay Krishan Mehrotra, involving 100 shares that have been sub-divided into smaller units. The shares originally valued at Rs. 10 each were sub-divided to Rs. 2 on November 28, 2014, and further to Rs. 1 on November 8, 2024. This situation requires careful handling, as it may impact the shareholder's ability to transfer or sell the shares. Investors should monitor this situation, as it could lead to a potential risk in share liquidity or management responses concerning share certificate issues.

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