Company Disclosure
Southern Magnesium and Chemicals Limited (Scrip Code: 513498) has issued a regulatory disclosure regarding the opening of a special window for transfer and dematerialization of physical securities.
Timeline
The Special Window is open for a period of one year from February 5, 2026 to February 4, 2027.
Eligibility Criteria
The facility is available to investors who purchased physical shares of the company prior to April 01, 2019, and either:
- Had not lodged the shares for transfer, or
- Had lodged the shares for transfer but they were rejected, returned, or not attended to due to deficiencies in documentation
Applicability Matrix
The company provides a detailed eligibility matrix:
- Fresh lodgement with original share certificate available: Eligible (subject to conditions)
- Previously rejected/returned lodgement with original certificate available: Eligible (subject to SEBI Circular conditions)
- Previously lodged without original certificate: Not eligible
- Not lodged without original certificate: Not eligible
Documentation Requirements
Requests must be accompanied by original share certificate(s) along with transfer deed(s) and other supporting documents to be considered under the Special Window.
Exclusions
The Special Window will not consider:
- Cases involving disputes between transferor and transferee
- Securities that have been transferred to the IEPF (Investor Education and Protection Fund)
Lock-in Conditions
During this period, securities that are re-lodged for transfer shall be issued only in demat mode and shall be under lock-in for a period of one year from the date of registration of transfer. Such securities cannot be transferred, lien-marked, or pledged during the lock-in period.