SATANI Bearings Limited provided an update on its share dematerialization processes for the last quarter.

The company confirmed that its Registrar and Share Transfer Agent ensured all securities received for dematerialization were properly processed, accepted or rejected, and listed on stock exchanges.

Physical certificates were cancelled, and depository records updated swiftly.

This confirms diligent adherence to procedures for converting physical shares to electronic form, safeguarding investor interests.

Notably, no new shares were actually submitted for dematerialization during this specific quarter.