Palco Metals' share transfer agent has confirmed the proper handling of dematerialized securities for the recent quarter.

All shares submitted for electronic conversion were verified and communicated to depositories, ensuring they are listed on the stock exchanges.

The corresponding physical certificates were cancelled after due verification, and electronic ownership records were updated in the company's register within 15 days.

This process ensures efficient and accurate conversion of physical shares into electronic format, crucial for maintaining proper shareholder records and facilitating trades.