ALPHA TRIBE

Shantai Industries LtdImportant, 13-10-2025: Company Update

13-10-2025 | 03:23 pm

Shantai Industries has confirmed compliance with dematerialization procedures for the quarter ended September 30. The company, based on a certificate from its Registrar and Share Transfer Agent, affirmed that securities received for dematerialization were processed within the stipulated timeframe. The physical share certificates were duly verified, mutilated, and cancelled, with the depository's name updated in the company's records as the registered owner. This ensures proper record-keeping and smooth handling of shareholder securities converting to demat form, enhancing transparency and investor confidence in share ownership.

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