Phaarmasia Ltd. has confirmed its adherence to best practices for share management.

The company's Registrar and Share Transfer Agent reported that all physical shares submitted for dematerialization were efficiently processed.

This involved proper verification, cancellation of physical certificates, and updating the depository records (NSDL and CDSL) within 15 days of receipt.

This update assures investors that the process of converting their physical shares into electronic form is handled smoothly and in a timely manner, which is crucial for operational transparency and investor convenience.