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Smiths & Founders (India) Limited has obtained a certificate from its registrar and share transfer agent confirming that all securities received for dematerialization during the quarter were processed—accepted or rejected—within the stipulated timeline. The dematerialized securities have been listed on relevant stock exchanges, and physical certificates were cancelled and replaced with electronic holdings in the depository accounts. This ensures smooth transferability and up-to-date shareholder records, benefiting investors through enhanced liquidity and transparency.