McDowell Holdings, currently in Corporate Insolvency Resolution Process (CIRP), has fulfilled its periodic requirement for a share capital audit.

A Practicing Company Secretary has certified the reconciliation report, confirming the company's shareholding structure.

The report indicates 1.39 crore shares are issued and listed, with nearly 97% held in dematerialized format and a small portion (2.62%) in physical form.

No changes in share capital occurred during the review period, and all demat requests were processed timely.

This routine compliance update provides transparency on the company's share capital, particularly relevant for investors given its ongoing insolvency and trading suspension.