Cameo Confirms Dematerialization of Datacipher Ltd. Share Certificates for Quarter Ending March 31, 2024
Cameo Corporate Services Limited has issued a confirmation certifying the dematerialization process for Datacipher Ltd.'s securities pertaining to the quarter ended March 31, 2024. The certification details the steps taken regarding the transition of physical shares into electronic form (dematerialization).According to the document provided by Cameo Corporate Services Limited, all securities received from depository participants for dematerialization during the stated quarter have been confirmed and are listed on stock exchanges where the initially issued securities were registered.
The certificate further confirms that the security certificates which were submitted for dematerialization have undergone due verification by the Depository Participant. Following this process, these physical certificates have been mutilated and cancelled.
Furthermore, Cameo Corporate Services Limited attested that the name of the depositories has been substituted into the Register of Members as the registered owner within 15 days following the procedure. This confirmation provides records regarding the successful conversion of share ownership to a dematerialized format for Datacipher Ltd.
Stock Price Movement
Datacipher Ltd shares settled at ₹3.61 on Monday, posting a 5.00% decline. The stock was completely flat throughout the session, trading only within the narrow range of ₹3.61.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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