Bigshare Services Pvt. Ltd., the Registrar and Share Transfer Agent for Oricon Enterprises LTD, has confirmed its compliance with the SEBI (Depositories and Participants) Regulation 74(5) for the quarter ending June 30, 2024. The regulation outlines the process for dematerialization of securities, ensuring their conversion from physical certificates to electronic form.
Bigshare Services confirmed that all securities received for dematerialization up to June 30th, 2024 were promptly processed, and the dematerialized shares were credited to the respective demat accounts within the stipulated timeframe. They have also verified and cancelled the physical certificates after due diligence.
This compliance ensures a seamless transition from physical to electronic securities for investors, promoting efficiency and transparency in the financial market. It also highlights Bigshare Services' commitment to upholding regulatory standards and protecting investor interests.
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