Ranjeet Mechatronics confirmed its compliance regarding share dematerialization.

The company's Registrar and Share Transfer Agent verified that all physical share certificates received for conversion into electronic format were properly cancelled.

Subsequently, the depository's name was updated as the owner in the company's records within the required timeframe.

This process ensures smooth and timely handling of shareholder requests for converting physical shares, maintaining accurate ownership records, and upholding investor confidence in the share transfer mechanism.