Intimation under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements), Regulations, 2015
Awaiting price reaction for this filing.
Hindusthan Insulators & Industries Ltd (Scrip Code: 539984) has issued its 1st reminder to shareholders holding shares in physical form to submit dematerialization requests. The reminder was sent on May 6, 2026 through the company's RTA, Skyline Financial Services Pvt. Ltd. This follows a Letter of Confirmation issued on March 20, 2026, and 45 days have elapsed with no demat request received. Per SEBI regulations, the Letter of Confirmation is valid for 120 days from issuance, after which requests will not be entertained and the shares will be transferred to a Suspense Escrow Demat Account.
This is a standard regulatory compliance communication. No direct financial impact on the company. Physical shareholders who fail to dematerialize their shares risk losing direct ownership and having their holdings moved to a suspense escrow account.