Company Update

Modella Woollens Limited has announced that securities received for dematerialization have been duly verified, mutilated, and cancelled, with the depositories recorded as the registered owners within the required timelines.

The dematerialized securities continue to be listed on the same stock exchanges as the original shares.

This update confirms the smooth processing of share dematerialization, ensuring shareholders' holdings are reflected electronically, enhancing transaction efficiency and safeguarding share ownership records.