Intimation for Issue of Duplicate Share Certificate under Reg. 39(3)
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Shrydus Industries Ltd has informed BSE about issuing duplicate share certificates for two shareholder folios under Regulation 39(3). The first is for Anita Banawat and Vijay Banawat (226 shares, new certificate 100006) and the second for Haresh L Shah and V C Shah (226 shares, new certificate 100007). Both cases involved submission of indemnity bonds to the registrar, Skyline Financial Services Pvt Ltd. As per SEBI rules effective January 2022, the duplicate shares must be issued in demat form only, and the shareholders have 120 days to convert them via their depository participant, otherwise the shares will be moved to a Suspense Escrow Demat Account. In total, 452 shares across 2 certificates were reissued.
This is a routine regulatory compliance disclosure with no impact on the company's financials, operations, or stock price. It only notifies the exchange about share certificates reissued to investors who misplaced their original ones.