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ARTICLE · 12 AUGUST 2025

General Newsletter, August 2025

The Securities and Exchange Board of India ("SEBI"), through a circular dated July 02, 2025 has introduced a special sixmonth window from July 07, 2025 to January 06, 2026 to allow investors to re-lodge transfer...

IndiaCorporate/Commercial Law

Capital Market

SPECIAL WINDOW FOR RE-LODGEMENT OF TRANSFER REQUESTS OF PHYSICAL SHARES1

The Securities and Exchange Board of India ("SEBI"), through a circular dated July 02, 2025 has introduced a special sixmonth window from July 07, 2025 to January 06, 2026 to allow investors to re-lodge transfer requests for physical shares that were originally lodged before April 01, 2019, but were rejected, returned, or not attended due to deficiencies. This circular is issued under SEBI's power to protect investor interests and regulate securities market. This move follows representations from investors, RTAs, and listed companies, and recommendations by a panel of experts. All such relodged transfer securities must be processed only in demat mode, and listed companies and Registrars and Transfer agents ("RTA") must ensure due procedure is followed. Companies and RTAs are required to create dedicated teams to process these requests and must publicise this special

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