Vardhman Textiles has successfully dematerialised a total of 21,195 shares during February 2026. This process involved converting physical share certificates into electronic form, thereby simplifying the process of share transfer and reducing the risks associated with physical certificates.
The dematerialisation was conducted in compliance with the Securities and Exchange Board of India (SEBI) regulations. Following the conversion, the share certificates were cancelled and replaced with the name of the depository as the registered owner in the company’s records. This transition is part of the company’s ongoing efforts to streamline its operations and enhance shareholder convenience.
The shares were dematerialised through both Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL), with detailed records maintained for each transaction. This move is expected to facilitate easier trading and management of shares for investors, aligning with modern financial practices.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by News Desk before publication.