Aditya Birla Money Derivative Research Head resigns effective May 26

1 min read     Updated on 28 May 2026, 02:21 AM
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Aditya Birla Money Limited announced the resignation of Mr. Hemant Thukral, Head - Derivative Research, effective May 26, 2026. The resignation was submitted due to personal reasons and has been accepted by the company.

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Aditya Birla Money Limited announced that Mr. Hemant Thukral, Head - Derivative Research, has resigned from his position effective May 26, 2026. The company accepted his resignation, which was tendered due to personal reasons, marking a change in its senior management personnel structure.

The disclosure was made to the exchanges pursuant to Regulation 30 read with Schedule III Part A Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the requisite details as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, were enclosed with the filing.

The cessation of Mr. Thukral's role was recorded as May 26, 2026. The filing noted that no brief profile or relationship disclosures were applicable in this instance, as the regulation pertains to the cessation of an existing role rather than a new appointment.

Details of Change in Senior Management

Sr. No Particulars Remarks
1. Reason for change Mr. Hemant Thukral, Head - Derivative Research, SMP of the Company tendered his resignation due to personal reasons.
2. Date of cessation Effective from May 26, 2026
3. Brief Profile Not applicable
4. Disclosure of relationships Not applicable

The resignation letter was addressed to Mr. Ashok Surana, CEO of Aditya Birla Money, on May 26, 2026. Mr. Thukral requested to be relieved at the earliest and for his dues to be settled.

Historical Stock Returns for Aditya Birla Money

1 Day5 Days1 Month6 Months1 Year5 Years
-2.47%+2.40%-5.25%-11.83%-20.17%+189.78%

Who will be appointed as the new Head of Derivative Research to replace Mr. Thukral?

How will this leadership change impact the firm's derivative research strategy and client recommendations?

What is the expected timeline for the transition and continuity of research operations?

Aditya Birla Money Limited Files Regulatory Compliance for Special Securities Window

2 min read     Updated on 01 May 2026, 07:13 AM
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Aditya Birla Money Limited has formally submitted regulatory compliance documentation to BSE and NSE under reference SECTL/2026-231, notifying the opening of a special window for transfer and dematerialisation of physical securities. The initiative follows SEBI Circular No: HO/38/13/11(2)2026-MIRSDPOD/3750/2026 and provides shareholders an opportunity to regularize holdings from February 5, 2026 to February 4, 2027, with newspaper advertisements published on April 30, 2026.

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Aditya Birla Money Limited has formally filed regulatory compliance documentation with stock exchanges regarding the opening of a special window for shareholders to transfer and dematerialise physical securities. The company submitted the required intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on April 30, 2026.

Regulatory Filing Details

The company filed reference SECTL/2026-231 with both BSE Limited and National Stock Exchange of India Limited, providing formal notification of newspaper advertisements published regarding the special window initiative. Company Secretary and Compliance Officer Manisha Lakhotia (Membership No. A46126) signed the regulatory submission.

Parameter: Details
Filing Reference: SECTL/2026-231
BSE Scrip Code: 532974
NSE Symbol: BIRLAMONEY
Filing Date: April 30, 2026
Digital Signature Time: 16:56:42 +05'30'

SEBI Circular and Special Window Framework

SEBI, through its Circular No: HO/38/13/11(2)2026-MIRSDPOD/3750/2026 dated January 30, 2026, has extended the special window for shareholders who had lodged physical share transfer deeds on or before April 1, 2019, but whose requests were rejected, returned, or not attended due to deficiencies in documents or process.

Window Details: Specifications
Window Period: February 5, 2026 to February 4, 2027
Eligible Requests: Transfer deeds lodged on or before April 1, 2019
Processing Mode: Dematerialised form only
Lock-in Period: One year from registration date

Publication and Compliance Requirements

The newspaper advertisements were published in both English and regional language newspapers on April 30, 2026. The English advertisement appeared in All India Edition Business Standard, while the regional language advertisement was published in Jai Hind-Gujarat Edition.

During the special window period, shareholders may submit their requests along with original share certificate(s), transfer deed(s), and other supporting documents. All such requests will be processed only in dematerialised form, ensuring compliance with current market practices.

Registrar and Transfer Agent Services

Shareholders can submit the necessary documents to the company's Registrar and Transfer Agent, Cameo Corporate Services Limited, through the Online Investor Services Portal at https://wisdom.cameoindia.com or at their office located at Subramanian Building, No. 1, Club House Road, Chennai - 600002, India.

The securities transferred under this window will be subject to a lock-in period of one year from the date of registration in the demat account. During this period, the securities cannot be transferred, lien-marked, or pledged. Shareholders who missed the earlier deadlines of March 31, 2021 and January 6, 2026 for relodgement of transfer deeds are encouraged to avail this opportunity.

Historical Stock Returns for Aditya Birla Money

1 Day5 Days1 Month6 Months1 Year5 Years
-2.47%+2.40%-5.25%-11.83%-20.17%+189.78%

Will other financial services companies follow Aditya Birla Money's approach to handle their backlog of rejected physical share transfers?

How might the one-year lock-in period impact Aditya Birla Money's trading volumes and share liquidity in 2027?

Could SEBI extend this special window framework beyond February 2027 if companies report significant pending transfer requests?

More News on Aditya Birla Money

1 Year Returns:-20.17%