This disclosure is a notice to shareholders regarding the opening of a special window for the transfer and dematerialization of physical securities, as mandated by SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/ I/3750/2026 dated January 30, 2026.

Nature of the Event

The company is notifying shareholders of a special window opened in accordance with the aforementioned SEBI circular. This window is for a period of one year, from February 5, 2026, to February 4, 2027.

Purpose and Eligibility

The purpose is to facilitate the transfer and dematerialization of physical securities that were sold or purchased prior to April 1, 2019. This window is also available for transfer requests that were previously submitted but were rejected, returned, or not attended to due to deficiencies in documents, process, or other reasons.

A provided eligibility matrix clarifies that a request is eligible only if the transfer deed was executed before April 1, 2019, and the original security certificate is available. It is eligible whether it is a fresh lodgement or a re-lodgement of a previously rejected request. Requests are ineligible if the original security certificate is not available.

Key Conditions and Lock-in

  • Securities transferred under this window will be mandatorily credited to the transferee in demat mode.
  • These securities will be under a lock-in for a period of one year from the date of registration of transfer.
  • During the lock-in period, the securities shall not be transferred, lien-marked, or pledged.
  • Cases involving disputes between transferor and transferee are excluded from this window and must be settled through court or NCLT process.
  • Securities that have been transferred to the Investor Education and Protection Fund (IEPF) are not eligible.

Required Documentation for Submission

Transferees are mandatorily required to submit the following documents to the Registrar and Share Transfer Agent (RTA):

  • a. Original security certificate(s)
  • b. Transfer deed executed prior to April 1, 2019
  • c. Proof of purchase by transferee, as may be available
  • d. KYC documents of the transferee (as per ISR forms)
  • e. Latest Client Master List (CML) of the demat account (not older than 2 months), duly attested by the Depository Participant
  • f. A notarized Undertaking-cum-Indemnity bond as per the format provided in Annexure-A of the SEBI circular

Procedures and Obligations

  • Listed companies/RTAs must process transfer requests within 70 days from the date of receipt of a complete request.
  • PAN, identity proof, and address proof of all parties must be verified.
  • In cases of non-cooperation by, inability to trace, or non-availability of documents from the transferor, an advertisement must be published in one English national daily and one regional language daily newspaper at the transferor's last known address. Transfer can only be effected 30 days after this advertisement.
  • After transfer, the depository must be intimated of the one-year lock-in on the securities.

Deadline

All complete transfer requests must be submitted on or before February 4, 2027.