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Machhar Industries Limited submitted a compliance certificate, confirming the proper handling of dematerialized shares for the recent quarter. The company's Registrar and Share Transfer Agent, MUFG Intime India Pvt. Ltd., verified that securities received for dematerialization were processed correctly, accepted or rejected, and listed on stock exchanges. This confirms that physical share certificates received were cancelled and investor records updated efficiently. This update assures shareholders about the integrity and transparency of the company's share transfer and dematerialization process, which is crucial for smooth trading and investor confidence.