Hindusthan Insulators Issues 2nd Reminder for Share Dematerialization
Hindusthan Insulators & Industries Ltd, through its Registrar and Transfer Agent (RTA), Skyline Financial Services Pvt. Ltd, has issued a second reminder letter to shareholders holding shares in physical mode. This action is in accordance with SEBI regulations requiring shareholders to submit dematerialization requests. The company previously sent a Letter of Confirmation on March 20, 2026, and a first reminder on May 06, 2026. Shareholders who have not yet submitted their demat request are urged to do so promptly, as the 'Letter of Confirmation' is valid for 120 days from its issuance. Failure to comply within this period will result in the shares being transferred to a Suspense Escrow Demat Account.
Key Highlights
- Second reminder issued for share dematerialization to physical shareholders.
- Action follows SEBI guidelines for converting physical shares to demat.
- Shareholders must submit demat request within 120 days of confirmation letter.
- Failure to comply may lead to shares being moved to a suspense account.
Price Impact
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