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Darjeeling Ropeway Company has submitted a confirmation certificate from its Registrar and Share Transfer Agent (RTA) regarding share dematerialization activities for the recent quarter. The RTA confirmed that all securities received for dematerialization were processed correctly, with physical certificates cancelled and electronic records updated. This is a standard compliance update ensuring shareholder records are well-maintained. Notably, the company reported that no physical shares were actually dematerialized during this period, indicating a period of stable shareholder records with no conversions from physical to electronic form. This confirms adherence to share transfer protocols.