Company Update

Beekay Steel Industries confirms its Registrar & Share Transfer Agent has completed the dematerialization process for shares received between April 1 and June 30. During this period, all physical share certificates submitted for dematerialization were cancelled and mutilated, with the Depository becoming the registered owner.

This is a standard procedure ensuring physical shares are converted into electronic form, which streamlines trading and reduces paperwork for investors, reflecting good corporate governance practices.