Special Window for Re-lodgement of Physical Share Transfer Requests (Securities and Exchange Board of India (SEBI) extends special window for re-lodgement of transfer requests of physical shares for a further period of one year, to February 04, 2..., Pg23

Key Highlights:

• SEBI extended the special window for re-lodgement of physical share transfer requests until February 4, 2027.
• The extended window allows security holders whose transfer requests were rejected before April 1, 2019, to re-lodge them.
• Transferred securities will be mandatorily credited in demat mode and will be under lock-in for one year.

Detailed Insights:

• The initial special window was introduced via circular dated July 2, 2025, providing an opportunity to re-lodge rejected physical share transfer requests.
• This extension aims to further facilitate investors' access to their securities through transfer and dematerialization.
• Shareholders can submit transfer requests with necessary documents to the Company's Registrar and Transfer Agent within the specified period.
• The transferred securities cannot be transferred, lien-marked, or pledged during the one-year lock-in period.

Key Concepts Involved:

• Dematerialization (Demat): Converting physical share certificates into electronic form.
• Lock-in Period: A period during which investments cannot be sold or transferred.
• Registrar and Transfer Agent (RTA): An agent who maintains investor records and facilitates share transfers for a company.