Quantitative Figures
During June 2026, the company received 458 physical share transfer requests that were re-lodged for transfer cum demat under the SEBI circular. All 458 requests were rejected.
Parties Involved
- Registrar and Transfer Agent: MCS Share Transfer Agent Limited
- Stock Exchanges: National Stock Exchange of India Ltd, Bombay Stock Exchange Limited
- Company Representative: Ajay Kumar Misra, Company Secretary
Rejection Details
The 458 rejected shares involved multiple transferors attempting to transfer shares to purchaser Sanjeev Gupta. The transferors included:
- Sunita Gupta
- Pushpa Gupta
- Suresh Kumar Gupta
- Moon Garg
- Vikas Gupta
- Jai Kishan Gupta
- Sanjeev Gupta
- Chanchal Gupta
- Anju Gupta
- Manju Gupta
- Kavita Goel
Reasons for Rejection
1. Signature of Transferor differs from records
2. Requires ISR 2 attested by Bank Manager along with PAN, Aadhar & Cancelled cheque
3. Requires purchase proof (if available)
4. Requires Demat Conversion Request form Annexure Aa & Ad as per NSDL requirements
5. Requires Annexure 1.4 for CDSL requirements
Document Dates
- SEBI Circular Date: January 30, 2026
- RTA Report Date: July 06, 2026
- Company Intimation Date: July 06, 2026
- Period Covered: June 2026
Financial Impact
Financial impact not quantified in the disclosure. The rejection prevents the transfer and dematerialization of 458 physical shares.