Kansai Nerolac Paints Limited (KNPL) has announced the issuance of a duplicate share certificate following a notification from its Registrar and Share Transfer Agent (RTA), Link Intime India Private Limited, about a lost share certificate. The company has informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about this development.
The duplicate share certificate has been issued to shareholders Minaxiben Mafatlal Jain and Mafatlal Cheljibhai Mehta, who reported the loss of their original certificate. The details of the duplicate share certificate are as follows:
The issuance of duplicate share certificates is a standard procedure followed by companies when shareholders report the loss of their original share certificates. This process ensures that the shareholders' ownership rights are protected and they can continue to trade their shares.
KNPL's prompt action in issuing the duplicate share certificate demonstrates its commitment to safeguarding the interests of its shareholders and complying with regulatory requirements.
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