Shivagrico Implements has confirmed compliance regarding the dematerialization of shares.

The company stated that securities received for dematerialization were listed on stock exchanges.

After due verification, these shares were mutilated and cancelled, with the depository's name substituted as the registered owner within 15 days.

This ensures proper electronic record-keeping for investors.

As of the end of the quarter, 9,58,713 shares were with NSDL and 31,20,757 shares with CDSL, totaling 40,79,500 shares successfully dematerialized.

This update assures shareholders of efficient share processing and ownership transfers.