
Corporate Action19 Jun 2026, 12:04 pm
Indian Toners Shareholders Notified on Share Dematerialization
AI Summary
Indian Toners & Developers Ltd. has informed shareholders holding shares in physical form about the mandatory dematerialization of their holdings. Following the recent approval of a 1:5 equity share split (from Rs. 10 to Rs. 2 face value), the company will issue sub-divided shares only in dematerialized form. Shareholders are urged to convert their physical shares to demat form before the record date of July 17, 2026, to ensure direct credit of split shares. Failure to do so will result in shares being credited to a Demat Suspense Account. Shareholders are also reminded to update their KYC details as per SEBI regulations.
Key Highlights
- Shareholders with physical shares must dematerialize before July 17, 2026.
- Equity shares will be sub-divided 1:5, with new shares issued only in demat form.
- Physical shares will be cancelled upon sub-division; demat credit is mandatory.
- Shareholders need to update KYC details (PAN, contact, bank, signature).
Price Impact
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