NLC India Completes Share Dematerialization Compliance for Q1 FY27

Chennai: State-run 'Navratna' mining and power generation major NLC India Limited has officially submitted its compliance certification under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the first quarter ended June 30, 2026.

The notification, issued from the company’s secretariat on July 3, 2026, was dispatched to the National Stock Exchange of India Limited (NSE), BSE Limited, the National Securities Depository Limited (NSDL), and the Central Depository Services (India) Limited (CDSL).

Verification and Processing Benchmarks

The regulatory update is based on an official confirmation letter dated July 3, 2026, issued by NLC India's designated Registrar and Share Transfer Agent (RTA), M/s Integrated Registry Management Services Private Limited. Signed by Anusha N, Deputy General Manager at the RTA, the certificate confirms the completion of electronic share processing during the April–June 2026 cycle.

Under the framework of SEBI guidelines, the verification highlights three core system checks:

• Stock Exchange Parity: All shares processed from the participant certificates for dematerialization have been officially updated and listed on the exchanges where NLC India’s baseline equity shares trade (BSE Scrip Code: 513683; NSE Symbol: NLCINDIA).

• Mutilation and Cancellation: Physical security certificates sent in by retail and institutional participants were verified, mutilated, and canceled immediately upon arrival.

• Depository Transition Window: Following physical token cancellation, the RTA substituted the electronic depository's name as the registered owner within the mandatory 15-day processing window from the initial date of receipt.

This quarterly update ensures that the electronic ledger balances across central clearing platforms remain perfectly aligned with canceled physical share volumes.