Nilachal Refractories announced it has fulfilled its quarterly compliance obligations regarding share transfers and dematerialization.

The company submitted a certificate from its Registrar and Share Transfer Agent confirming that all securities received for dematerialization were processed, confirmed to depositories, and listed on stock exchanges.

Physical certificates were verified, mutilated, and cancelled, with depositories’ names updated as registered owners within 15 days.

This ensures proper record-keeping and smooth operations for shareholders converting physical shares to digital format.