Cresanto Global (formerly Raymed Labs) has filed its quarterly compliance report regarding share dematerialization.

The company confirmed that all physical shares received from depository participants for conversion into electronic form during the quarter were processed accurately, with their status communicated to the depositories.

Their Registrar and Share Transfer Agent further verified that the physical certificates were cancelled, and the electronic records of share ownership were promptly updated within 15 days.

This ensures robust and efficient management of shareholder records, vital for maintaining investor confidence and transparency in share transfers.