Pidilite Industries Limited, a leading adhesive and sealant manufacturer, has reaffirmed its commitment to regulatory compliance by confirming adherence to the Securities and Exchange Board of India (SEBI) dematerialization regulations for the quarter ending June 30, 2024.
In a communication to the National Securities Depository Ltd (NSDL) and Central Depository Securities (India) Ltd (CDSL), Pidilite Industries stated that it has furnished the details of dematerialized securities to the stock exchanges in a timely manner, as mandated by SEBI (Depositories and Participants) Regulations, 2018.
The company's Registrar & Share Transfer Agent, Link Intime India Private Limited, confirmed that the necessary details have been provided to the stock exchanges by the 7th of each following month. This ensures transparency and efficiency in the process of converting physical share certificates into electronic form.
Pidilite Industries' adherence to SEBI regulations reinforces its commitment to maintaining high standards of corporate governance and investor protection. The company's proactive approach to compliance instills confidence in stakeholders and contributes to the overall integrity of the Indian capital markets.
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