Nahar Capital and Financial Services (NSE:NAHARCAP, BOM:532952) said no equity shares were dematerialized in May, according to a Tuesday filing on Indian bourses.
The company said a total of 16.6 million equity shares were held with the National Securities Depository Ltd. and Central Depository Services (India) Ltd. as of May 31.
Shares of the company rose over 3% in recent trade.