Ease of Doing Investment

Transfer of securities in physical mode has been discontinued with effect from April 1, 2019 by SEBI. However, the transfer deeds, lodged prior to deadline of April 1, 2019 and rejected / returned due to deficiency in the documents, were permitted to be re-lodged with requisite documents, on or before March 31, 2021, being the cut-off date for re-lodgement of such transfer deeds.

Based on the representation from investors as well as RTAs and listed companies that some of the investors had missed the timelines for re-lodging their documents for transfer of securities, the Panel of Experts, which included RTAs, listed companies and Legal Expert, has recommended that, to alleviate the issue faced by the investors that missed the March 31, 2021 deadline for re-lodgement, one more opportunity may be granted to the investors to re-lodge such shares for transfer.

Hence, in order to facilitate ease of investing for investors and to secure the rights of investors in the securities which were purchased by them, SEBI has, vide its circular no. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 2, 2025, decided to open a special window for a period of six months from July 7, 2025 till January 6, 2026, only for re-lodgement of the transfer deeds, which were lodged prior to the deadline of April 1, 2019 and rejected / returned / not attended to due to deficiency in the documents / process / or otherwise.

Investors are requested to note that during this special window, the securities that are re-lodged for transfer (including those requests that are pending with the listed company / RTA, as on date) shall be issued only in demat mode. Due process shall be followed for such transfer-cum-demat requests.

Accordingly, the relevant investors are encouraged to take advantage of this one-time special window. The transfer request of physical shares can be re-lodged with our Registrar and Share Transfer Agenda (“RTA”) within the above-mentioned period at the following address:

MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)
Unit: Prime Securities Limited
C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai 400083, Maharashtra, India
Tel. No: +91-22-49186000
E-mail: rnt.helpdesk@in.mpms.mufg.com

SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated Jul 2, 2025