Notification / Circular No. – SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 2, 2025
Applicable Act / Rule – Securities and Exchange Board of India (SEBI) Act, 1992, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 & SEBI (Registrars to an Issue and Share Transfer Agents) Regulations, 1993.
Applicable Section / Rule – Section 11(1) of Securities and Exchange Board of India (SEBI) Act, 1992, Regulation 102 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
1. Re-lodgement Window Opened – A special six-month window is introduced to allow investors to re-lodge physical share transfer requests that were originally submitted before April 1, 2019 but were rejected, returned, or left unattended due to documentation or process deficiencies.
2. Window Duration – The re-lodgement period will run from July 7, 2025 to January 6, 2026, providing a final opportunity for affected investors to complete pending transfers.
3. Dematerialised Transfers Only – All securities re-lodged during this window must be transferred exclusively in dematerialised (demat) form. No physical mode of transfer is allowed.
4. Compliance with Transfer-Cum-Demat Procedure – Companies and RTAs must follow the due process for handling transfer-cum-demat requests, ensuring procedural accuracy and investor protection.
5. Mandatory Publicity of the Window – Listed companies, RTAs, and stock exchanges are directed to publicise the window every two months via print and social media to ensure wide awareness among investors.
6. Dedicated Processing Teams – RTAs and listed companies must assign dedicated teams to handle and process these re-lodgement requests efficiently and without delay.
7. Monthly Reporting Requirement – RTAs/listed companies shall provide reports on:
Disclaimer: The information contained in this Article is intended solely for personal non-commercial use of the user who accepts full responsibility of its use. The information in the article is general in nature and should not be considered to be legal, tax, accounting, consulting or any other professional advice. We make no representation or warranty of any kind, express or implied regarding the accuracy, adequacy, reliability or completeness of any information on our page/article.