The special window is open for a period of one year, from February 5, 2026, to February 4, 2027.
The notice itself is dated October 30, 2026.
Eligible shareholders must submit their complete transfer requests on or before February 4, 2027.
Regulatory Context & Eligibility
The notice is issued pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/ I/3750/2026 dated January 30, 2026.
The window applies specifically to physical securities that were sold or purchased prior to April 1, 2019.
It is also available for transfer requests that were previously submitted but were rejected, returned, or not attended to due to deficiencies in documents or process.
The window is not available for:
Cases involving disputes between transferor and transferee (to be settled via court/NCLT).
Securities that have already been transferred to the Investor Education and Protection Fund (IEPF).
Key Conditions and Process
Mandatory Demat and Lock-in: All securities transferred under this window must be credited to the transferee only in demat mode. These securities will be under a lock-in for one year from the date of registration of transfer. During this lock-in, the securities cannot be transferred, lien-marked, or pledged.
Required Documents: The lodger (transferee) must provide the original security certificate and the following documents as per the SEBI circular:
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 (format provided in Annexure-A of the circular)
Processing Time: Listed companies/RTAs are obligated to process transfer requests within 70 days from the date of receipt of a complete request.
