The Securities and Exchange Board of India (SEBI) on Wednesday (July 2) announced a decision regarding the transfer of physical shares.
For investors convenience, the market watchdog has introduced a special window to allow re-submission of previously rejected share transfer requests.
Here are the highlights of the market regulator decision:
Investors can now resubmit transfer deeds that were rejected prior to April 1, 2019.
This facility will be available for a period of six months — from July 7, 2025, to January 6, 2026.
These securities will be transferred only in demat (electronic) form.
Listed companies, their Registrar and Transfer Agents (RTAs), and stock exchanges have been directed to spread awareness about this special window.
A dedicated task force will be responsible for monitoring the process, with bi-monthly reporting requirements.
Companies must submit monthly reports to SEBI during the window period.
The measure has been implemented with immediate effect.
