Monthly demat report: 656 equity shares dematerialised in September 2026

Demat report for September 2026 shared.

Mon 5 Oct 2026

Total Shares Dematerialised

656 equity shares

Shares via NSDL

344

Shares via CDSL

312

Report Period

September 2026

What this update is

Vardhman Special Steels has submitted its demat report for September 2026 to BSE and NSE. This is a periodic certificate telling the exchanges how many shares were converted from physical form into electronic form during the month, along with the distinctive numbers and certificate numbers involved.

The numbers

• A total of 656 equity shares were dematerialised in September 2026, after due verification of the share certificates.
• Of this, 344 shares came through NSDL and 312 shares through CDSL.
• The NSDL entries were 178 shares dated 03/09/2026, 36 shares dated 03/09/2026, 106 shares dated 03/09/2026 and 24 shares dated 14/09/2026.
• The CDSL entry was a single block of 312 shares dated 04/09/2026.

What happens after dematerialisation

Once shares are dematerialised, the physical share certificates are cancelled and the shares are held electronically. The depository's name is recorded as the registered owner in the company's records, while the investor remains the beneficial owner.

How to read this

Dematerialisation is a routine, recurring process. It changes the form in which shares are held — from paper certificates to an electronic credit — and not the number of shares in issue or who owns them. Shareholders who convert their certificates hold the same shares, only in electronic form, which is simpler to hold and transfer.

The quantity involved here is small, so this reads as a regular monthly compliance disclosure of demat activity rather than an event that alters the company's share capital. Investors may note it as background information on the pace at which physical certificates are being converted.

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