Now Reading: NACL opens special window for physical share transfer re-lodgement
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NACL opens special window for physical share transfer re-lodgement
The Story in Brief
NACL Industries Limited has opened a special window for re-lodging transfer requests for physical shares, running from 5 February 2026 to 4 February 2027. The initiative follows SEBI circular number SEBI/HO/38/13/11(2)2026-MIRSD-POD/113750/2026 dated 30 January 2026. The window targets cases where transfer requests were lodged before the 1 April 2019 deadline but were later rejected, returned, or left unprocessed because of documentation deficiencies or other reasons.
Only dematerialised form transfers will be processed during this period. Eligible investors must submit requests with the required documents to the company's registrar and share transfer agent, XL Softech Systems Limited, at its Hyderabad office. NACL announced the window on 22 October 2026 through advertisements in Business Standard (English) and Andhra Prabha (Telugu). Investors seeking help can contact the registrar for guidance.
Indian Opinion Analysis
The special window, closing on 4 February 2027, gives legacy shareholders nearly 15 months to correct documentation gaps that have blocked transfers since before April 2019. Investors whose transfer requests were rejected or returned before that cutoff will need to approach XL Softech Systems in Hyderabad, the registrar. The window processes only dematerialised form transfers, meaning shareholders who still hold physical certificates must complete the conversion first. The company has placed advertisements in Business Standard and Andhra Prabha, signalling an effort to reach a Telugu-speaking investor base. What remains unresolved is the volume of stuck requests and whether the registrar has sufficient capacity to handle a surge close to the deadline.
Source: businessupturn.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
