Tata Power seeks claims for lost share certificates
The Tata Power Company Limited has issued a notice regarding lost share certificates, inviting claims within 15 days. The notice details specific folios and distinctive numbers for Equity Shares of ₹1 each. If no claims are received, the company will issue duplicate certificates.
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The Tata Power Company Limited has issued a notice to shareholders regarding the loss of specific share certificates. The company has invited claims from any person with a right to the undermentioned securities, requiring them to lodge such claims at its Registered Office within 15 days from the date of the notice. If no claims are received, the company stated it will proceed to issue duplicate certificates to the applicants.
The notice pertains to Equity Shares of ₹1 each. The details of the lost securities, including folio numbers, shareholder names, and distinctive number ranges, have been disclosed to facilitate the identification process.
Details of Lost Securities
| Folio No. | Name of Shareholder(s) | Kind of Securities and Face Value | No. of Securities | Distinctive Number(s) |
|---|---|---|---|---|
| HSS0077833 | Shalini B Badigar and Bhaskar H Badigar | Equity Shares of ₹ 1/- each | 2,160 | 56530191-56532350 |
| HSS0077833 | Shalini B Badigar and Bhaskar H Badigar | Equity Shares of ₹ 1/- each | 359 | 2374951458-2374951816 |
| HSK0013111 | Koteswar Silla and Pushpa Silla | Equity Shares of ₹ 1/- each | 7,700 | 16159061-16166760 |
The disclosure was made in compliance with regulatory requirements. The notice was signed by Vispi S. Patel, Company Secretary and FCS 7021, on behalf of The Tata Power Company Limited.
Historical Stock Returns for Tata Power
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.14% | +3.10% | -0.49% | +7.31% | +2.28% | +231.29% |
What impact will the issuance of duplicate certificates have on Tata Power's share transfer and registration processes?
Could the frequency of such loss notices indicate a need for Tata Power to accelerate its shift toward dematerialized holdings?
How might this administrative process affect the liquidity or trading of the specific folios mentioned?
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