Newtrac Foods & Beverages has confirmed its routine compliance for share dematerialization for the quarter.

The company received a certificate from its Registrar and Transfer Agent, MUFG Intime India, verifying that physical securities submitted for dematerialization were properly processed.

These shares were meticulously verified, cancelled, and subsequently converted into digital format, with the depository's name accurately updated in company records.

Importantly, these newly dematerialized shares are listed on the same stock exchanges as the existing ones.

This update highlights the company's adherence to share management protocols, ensuring smooth operations for investors.