The Securities and Change Board of India (SEBI) on Wednesday (July 2) introduced a choice concerning the switch of bodily shares.
For traders comfort, the market watchdog has launched a particular window to permit re-submission of beforehand rejected share switch requests.
Listed below are the highlights of the market regulator choice:
Buyers can now resubmit switch deeds that have been rejected previous to April 1, 2019.
This facility shall be out there for a interval of six months — from July 7, 2025, to January 6, 2026.
These securities shall be transferred solely in demat (digital) type.
Listed firms, their Registrar and Switch Brokers (RTAs), and inventory exchanges have been directed to unfold consciousness about this particular window.
A devoted job pressure shall be accountable for monitoring the method, with bi-monthly reporting necessities.
Firms should submit month-to-month studies to SEBI throughout the window interval.
The measure has been applied with instant impact.
