Munoth Capital Markets Limited has submitted a Certificate confirming the dematerialization of securities for the quarter ended on 31st March 2025 as per regulatory requirements.

The Registrar and Share Transfer Agent, Purva Sharegistry, reported that no share certificates were dematerialized during this period, indicating a lack of shareholder activity in converting physical shares to electronic forms.

This update reflects the company's current operational status regarding its shareholding structure.

While the absence of dematerialization may suggest investor inactivity, it could also indicate a stable capital base.

Investors may view this as a neutral impact, assessing the company's potential for future share liquidity.