Pradeep Metals Ltd — Important, 13-07-2026: Company Update

The company's Registrar and Share Transfer Agent confirmed the dematerialisation process for the quarter. All physical securities submitted by depository participants for conversion into electronic form were duly processed, either accepted or rejected, and communicated to the depositories. These dematerialised shares are listed on stock exchanges alongside existing shares. The physical certificates were mutilated and cancelled, with depositories now updated as registered owners in the company's records. This ensures smooth and compliant handling of shareholder security conversions.