Aravali Securities & Finance Limited has received a certificate from its Registrar and Share Transfer Agent confirming that physical share certificates submitted for dematerialization have been verified, cancelled, and replaced by electronic holdings within 15 days. The total dematerialized shares increased marginally by 840 shares, with holdings split between NSDL (approx. 1.04 crore shares) and CDSL (approx. 24 lakh shares). The demat status reflects smooth processing of dematerialization requests with negligible rejections, supporting improved liquidity and ease of trading for shareholders.