The Securities and Exchange Board of India (SEBI) issued a circular opening a special window for investors who were unable to transfer their physical securities before 1 April 2019, enabling them to regularise and complete transfer-cum-dematerialisation. The window runs from 5 February 2026 to 4 February 2027. The facility is intended for cases where transfers could not be completed due to procedural or documentation-related challenges, and also covers transfer requests previously submitted but rejected, returned, or not attended to due to deficiencies in documents or process, or otherwise. The circular’s provisions take effect from 5 February 2026.
Securities & Exchange Board of India 2026-01-30
Securities and Exchange Board of India opens a one-year special window to complete transfer and dematerialisation of physical securities
The Securities and Exchange Board of India (SEBI) has opened a special window from 5 February 2026 to 4 February 2027 for investors to regularise and complete transfer-cum-dematerialisation of physical securities that were not transferred before 1 April 2019 due to procedural or documentation issues.