Elecon Engineering Receives SEBI Compliance Certificate on Dematerialisation Process

The latest announcement is out from Elecon Engineering Co. Ltd. ( (IN:ELECON) ).

Elecon Engineering Company Limited has disclosed that it received a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 March 2026 from its registrar and share transfer agent, MUFG Intime India Private Limited. The certificate confirms that all securities submitted for dematerialisation during the period were duly processed, listed on the relevant stock exchanges, and that physical certificates were cancelled and replaced in the register of members within prescribed timelines, underscoring the company’s adherence to regulatory requirements in handling shareholder securities.

MUFG Intime India Private Limited further certified that it confirmed or rejected dematerialisation requests, mutilated and cancelled received security certificates after verification, and substituted the depositories’ names as registered owners where applicable. This procedural assurance supports transparency and operational integrity in Elecon’s share transfer and dematerialisation processes, providing comfort to investors and regulators regarding proper execution of securities servicing and record-keeping obligations.

More about Elecon Engineering Co. Ltd.

Elecon Engineering Company Limited is an Indian engineering company whose shares are listed on BSE and the National Stock Exchange of India under the scrip code 505700 and ticker ELECON. The company engages a registrar and share transfer agent, MUFG Intime India Private Limited, to handle its securities-related services and compliance with depository regulations in the domestic capital markets.

Average Trading Volume: 95,225

Technical Sentiment Signal: Hold

Current Market Cap: 87.22B INR

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