ITC Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Awaiting price reaction for this filing.
ITC Limited has submitted its monthly compliance report to stock exchanges regarding shares dematerialised during April 2025, as required under SEBI Regulation 74(5). A total of 9,23,350 (approximately 9.23 lakh) shares were converted from physical to electronic (demat) form across 92 shareholder accounts during the month. The company confirmed that physical share certificates were mutilated and cancelled after verification, and the depository's name was substituted as the registered owner within the stipulated time. ITC also stated that no rematerialisation of shares took place during April 2025. This is a routine procedural filing with no new equity issuance or corporate action involved.
This is a standard regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms routine conversion of physical share certificates into electronic (demat) form by existing shareholders.