Company Update

Promax Power Limited provided an update on its share dematerialisation compliance for the quarter ended June 30. The company confirmed that securities received from depository participants for conversion to electronic form were efficiently processed, accepted or rejected, and subsequently listed on stock exchanges.

Additionally, physical share certificates received were duly cancelled after verification, with depositories registered as the new owners within the necessary timelines.

This update assures investors of robust and accurate management of their share records.