Pricol Limited Issues Notice for Lost Share Certificates Under Regulatory Compliance
Pricol Limited has issued a regulatory notice regarding the loss of share certificates belonging to Mrs. Arukkani E.B. and Mr. Sethuramanathan E.B., covering 200 shares across three certificates. The company has initiated the duplicate certificate issuance process and provided a 15-day objection period, while maintaining compliance with SEBI disclosure requirements.
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Pricol Limited has published a regulatory notice regarding the loss of share certificates, submitting the newspaper advertisement copy to stock exchanges in compliance with SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Share Certificate Loss Details
The company has reported the loss of three share certificates registered in the names of Mrs. Arukkani E.B. and Mr. Sethuramanathan E.B. The affected certificates represent a total of 200 equity shares of face value Rs. 10/- each.
| Parameter | Details |
|---|---|
| Folio Number | 2199 (Old) |
| Total Shares Affected | 200 shares |
| Face Value | Rs. 10/- each |
| Registered Holders | Mrs. Arukkani E.B. and Mr. Sethuramanathan E.B. |
The specific certificate details are as follows:
| Certificate No. | Distinctive Numbers | Number of Shares |
|---|---|---|
| 2211 | 644546 - 644645 | 100 |
| 16922 | 1930246-1930295 | 50 |
| 47252 | 4274411-4274460 | 50 |
Duplicate Certificate Process
Pricol Limited has initiated the standard procedure for issuing duplicate share certificates. The company will proceed with issuing replacement certificates in favor of the shareholders unless objections with evidence are received within 15 days of the notice publication.
Regulatory Compliance
The notice was submitted to both the National Stock Exchange of India Limited and BSE Limited on Monday, 23rd March, 2026, through a communication signed by T.G. Thamizhanban, Company Secretary. This submission fulfills the company's obligations under Regulation 30 of SEBI regulations for disclosure of material information.
Risk Advisory
The company has cautioned that any person dealing with the specified shares will be doing so at their own risk. No claims regarding these shares will be entertained after the 15-day notice period expires.
Historical Stock Returns for Pricol
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.30% | +3.90% | -11.94% | -0.78% | +16.71% | +698.27% |
Will Pricol Limited implement additional digital security measures to prevent future share certificate losses?
How might this incident impact investor confidence in Pricol's share registry management systems?
Could this case prompt SEBI to introduce stricter guidelines for share certificate loss reporting procedures?
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