Sri Chakra Cement Limited confirms the proper processing of shares received for dematerialization. Physical shares were duly verified, mutilated, and cancelled. The company's records have been updated to reflect depositories (NSDL and CDSL) as the registered owners for these dematerialized shares. This essential compliance step ensures accurate and updated shareholder records, supporting efficient electronic trading and adherence to market standards. The process was completed within the stipulated timeframe, maintaining proper corporate governance.