NOCIL Limited has informed the Exchange regarding 'Submission of Third Progress Report " SAKSHAM NIVESHAK"'.
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NOCIL Limited has submitted its Third Progress Report on the SEBI 'SAKSHAM Niveshak' initiative to the stock exchange. This is a SEBI-mandated program that encourages shareholders holding shares in physical (paper) form to convert them into dematerialized (demat) form and update their KYC details such as PAN, bank account, email ID, and mobile number. Listed companies are required to periodically file progress reports on how many shareholders have dematerialized their holdings and completed KYC updates. The filing is routine in nature and is part of standard compliance obligations for all listed entities. No financial, operational, or strategic details have been disclosed in this particular announcement.
This is a routine regulatory compliance filing and has no material impact on the company's business, financials, or stock price. Shareholders still holding physical share certificates are advised to dematerialize them to avoid future transfer, transmission, or settlement issues.