Notice for Special Window for Transfer and Dematerialisation of Physical Securities

Notice for Special Window for Transfer and Dematerialisation of Physical Securities:

SEBI vide its circular no. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30 January 2026 has open another special window for transfer and Dematerialisation (demat) of physical securities, which were sold/purchased prior to 01 April 2019, including such transfer requests which were submitted earlier and were rejected or returned or not attended to due to deficiency in the documents/ process/or otherwise, for a period of one year from 05 February 2026 to 04 February 2027, in order to facilitate ease of investing for investors and to secure the rights of investors in the securities which were purchased by them. During this period, the securities so transferred shall be mandatorily credited to the transferee 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 shall not be transferred/lien-marked/ pledged during the said lock-in period.

For clarity with regard to applicability of this window, below matrix may be referred to:

Execution Date of Transfer DeedLodged for transfer before April 01, 2019?Original Security Certificate Available?Eligible to lodge in the current window?
Before April 01, 2019No (it is fresh lodgement)Yes✔
Yes (it was rejected / returned earlier)Yes✔
YesNo✘
NoNo✘

Relevant investors are encouraged to take advantage of this Special window which remains open until 04 February 2027, to submit the documents such as; (a) Original share certificate(s), (b) Transfer deed executed prior to 01 April 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), not older than 2 months, of the demat account of the transferee, duly attested by Depository Participant, (f) Undertaking cum Indemnity, to our Registrar and Transfer Agent (“RTA”), whose address is below, within the above-mentioned period:

MUFG Intime India Private Limited
“Geetakunj” 1 Bhakti Nagar Society,
Behind Abs Tower, Old Padra Road,
Vadodara, Gujarat, Pin – 390015.
Tel No.: +91 265 3566 768
E-mail: vadodara@in.mpms.mufg.com

Important Notes 

  • Cases involving disputes between transferor and transferee will not be considered in this window and may be settled by transferor and transferee through court/NCLT process.
  • securities which have been transferred to Investor Education and Protection Fund (IEPF) shall not be considered under this window for processing.
  • The Company / RTAs shall process the transfer requests within 70 days from the date of receipt of request from the transferee with complete documentation.