Nilachal Refractories Ltd — Important, 14-01-2026: Company Update

The company has confirmed the successful processing of securities submitted for dematerialization during the quarter ending December 31, 2025. All such securities were verified and communicated to depositories, and they remain listed on the relevant stock exchanges alongside existing shares. The physical certificates corresponding to these dematerialized shares have been duly cancelled. Ownership records in the register of members have been updated to reflect the depositories as the registered owners within 15 days, ensuring smooth conversion from physical to electronic holdings for investors.