Garware Technical Fibres Limited has informed the Exchange about Notice to Shareholders holding Shares in Physical Mode - Disclosure pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')
GARFIBRES · price
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Garware Technical Fibres has issued a notice to shareholders who still hold the company's shares in physical (paper) form, as required under SEBI Listing Regulations. The disclosure, filed under Regulation 30, is aimed at informing physical shareholders about the need to convert their holdings into dematerialized (demat) form. The company has likely shared details on the process, documents required, and any deadlines involved. This is a routine compliance step aligned with SEBI's broader push to eliminate physical share certificates. No financial figures, dividend, or business update is involved in this filing.
This is a procedural, non-financial announcement with no direct effect on stock price. Shareholders holding physical shares should act on the notice and dematerialize their holdings to avoid future trading or corporate action issues.