GTN Industries Ltd. Submits Demat Details for Q4 2024 to Stock Exchanges

Team Finance Saathi

    03/Jan/2025

What's covered under the Article:

  1. GTN Industries Ltd. confirms securities dematerialized and listed on stock exchanges for the quarter ending December 2024.
  2. Integrated Registry Management Services affirms verification and substitution of depository names within 15 days.
  3. The company complies with SEBI's Regulation 74(5) for securities and share transfer processing.

GTN Industries Ltd., a well-established organization recognized for its quality standards, including ISO 9001, ISO 14001, and certifications like ISO 45001 and ISO 50001, has submitted an official certificate for the dematerialization process for the quarter ending 31st December 2024. This certificate, in compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, has been sent to the BSE Ltd., confirming the securities dematerialized and rematerialized during the last quarter.

What does this submission mean for investors?

This certification is part of the company’s efforts to maintain transparency and keep stakeholders informed about their securities' status. It reaffirms that the securities have been processed through the depository system, ensuring accurate and updated records. GTN Industries Ltd. continues to stay compliant with all necessary stock market regulations, providing assurance to investors and regulatory bodies.

The Registrar and Share Transfer Agent (RTA) for GTN Industries Ltd., M/s. Integrated Registry Management Services Pvt. Ltd., confirmed the proper handling of dematerialized securities, their acceptance, and their verification process, in accordance with SEBI's prescribed timeline. These securities, after successful dematerialization, are listed on the relevant stock exchanges. The depository's name has been substituted into the records as the registered owner within 15 days, ensuring accurate ownership details.

This submission is also a reflection of the company’s adherence to global standards of corporate governance, security, and transparency. The AEO Certificate and other certifications like ISO 50001 further demonstrate the company's commitment to managing its operations in line with international best practices.

Conclusion:

For investors, understanding these regulatory updates is essential. They ensure the integrity of trading activities and guarantee that their investments are safe and aligned with SEBI’s compliance guidelines. If you're an investor looking to diversify your portfolio or explore new investment opportunities, now might be the right time to explore GTN Industries and other companies with strong regulatory compliance.

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