Velan Hotels Ltd — Important, 15-10-2025: Company Update

Velan Hotels' Registrar and Transfer Agent confirmed the proper processing of dematerialized securities for the quarter ended September 30. All physical share certificates received were verified, mutilated, and cancelled, with depositories recorded as the new owners within the required timeframe. This ensures accurate shareholder records and efficient conversion of physical shares to electronic format, facilitating smooth trading for investors. It highlights the company's commitment to maintaining proper procedures for handling shareholder securities.