Everest Organics' Registrar and Share Transfer Agent confirmed the proper processing of shares submitted for dematerialization.

Physical share certificates received for conversion into electronic form were verified, mutilated, and cancelled.

The records of depositories, NSDL and CDSL, have been promptly updated to reflect new ownership within 15 days of receiving valid requests.

This ensures accurate and timely maintenance of the company's electronic shareholding records, crucial for investor confidence and market integrity.