Transfer of Shares in physical form

 

Pursuant to Notification No. SEBI/LAD-NRO/GN/2018/24 dated 8th June, 2018 of the Securities and Exchange Board of India (SEBI) for amendment of Regulation 40 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI's Press Release No. 49/2018 dated 3rd December, 2018, transfer of shares held in physical form by a shareholder will not be possible with effect from 1st April, 2019; this restriction, however, shall not be applicable in case of transmission or transposition of shares.

In view of the regulatory requirements referred to above, in the event you wish to transfer any shares of the Company held in physical form you will not be able to do so after 31st March, 2019. You may therefore, in your own interest, get such shares dematerialised.

To know about the process of dematerialisation of shares  Click here -  

For SEBI Notification dated 8th June, 2018 and Press Release dated 3rd December, 2018 Click here -  

Please get in touch with the Company Secretary of the Company for any further information in the matter.

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