Split20 Mar 2026, 06:00 pm
Hindusthan Urban Infrastructure Ltd Issues Letter of Confirmation for Share Split in Demat Mode
AI Summary
Hindusthan Urban Infrastructure Ltd has completed the sub-division of equity shares from ₹10 (Ten) each to ₹2 (Two) each. In compliance with SEBI notification, the company has issued a Letter of Confirmation to shareholders holding shares in physical mode. These Letters of Confirmation are valid for 120 days, during which the concerned shareholder(s) are required to dematerialize their Shares. Failing to do so, the subject shares will be transferred to a Suspense Escrow Demat Account of the company.
Key Highlights
- Hindusthan Urban Infrastructure Ltd has completed the sub-division of equity shares from ₹10 (Ten) each to ₹2 (Two) each.
- SEBI mandates that shares issued pursuant to investor service requests shall be issued in demat mode only.
- No physical share certificates have been issued by the Company for the said sub-division of existing Equity Shares.
- Letter of Confirmation has been issued by the Company to all the shareholders holding shares in physical mode.
- Letters of Confirmation are valid for a period of 120 days, during which the concerned shareholder(s) are required to dematerialize their Shares.