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Shriram Finance Confirms Compliance With SEBI Dematerialisation Norms

Story Highlights
  • Shriram Finance confirmed compliance with SEBI Regulation 74(5) on dematerialisation of its listed securities.
  • Registrar certified timely cancellation of physical certificates and updating depository ownership records, reinforcing investor confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shriram Finance Confirms Compliance With SEBI Dematerialisation Norms

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An announcement from Shriram Finance Limited ( (IN:SHRIRAMFIN) ) is now available.

Shriram Finance Limited has notified the stock exchanges and depositories that it has obtained the required compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The company confirmed that securities submitted for dematerialisation have been properly listed, and that physical certificates have been verified, mutilated, cancelled, and replaced in the records with the depositories as the registered owners.

Its registrar and transfer agent, Integrated Registry Management Services, has certified timely execution of all dematerialisation-related processes and monthly reporting to exchanges and depositories. The disclosure underscores Shriram Finance’s adherence to securities handling and demat norms, supporting investor confidence and ensuring orderly maintenance of its shareholding records in line with regulatory expectations.

More about Shriram Finance Limited

Shriram Finance Limited is a non-banking financial company in India, focused on retail financing, including commercial vehicle loans and other credit products for individuals and small businesses. The company operates nationwide and is listed on major Indian stock exchanges, providing debt and equity instruments to investors in the domestic capital markets.

Average Trading Volume: 339,978

Technical Sentiment Signal: Buy

Current Market Cap: 1786.9B INR

See more insights into SHRIRAMFIN stock on TipRanks’ Stock Analysis page.

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