Baroda Rayon Corporation Opens Special Window for Transfer and Dematerialisation of Physical Shares Under SEBI Circular
The Baroda Rayon Corporation Limited has opened a special window for the transfer and dematerialisation of physical shares from February 05, 2026 to February 04, 2027, in compliance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026. The facility covers physical securities sold or purchased prior to April 1, 2019, and transferred securities will be credited only in demat mode with a one-year lock-in. Shareholders must submit required documents, including the Original Security Certificate, Share Transfer Deed, and Client Master List, to MUFG Intime India Private Limited at C-101, 247 Park, LBS Marg, Vikhroli West, Mumbai 400083. Cases involving disputes between transferors and transferees, or securities transferred to the IEPF, are excluded from this window.

*this image is generated using AI for illustrative purposes only.
The Baroda Rayon Corporation Limited has notified all shareholders of the opening of a special window for the transfer and dematerialisation of physical shares, pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026. The announcement was published via newspaper advertisements on May 16, 2026, in the Financial Express (English Edition) and Pratap Darpan (Gujarati Edition), and was simultaneously communicated to BSE Limited.
Special Window: Key Details
The special window has been made available for a period of one year, specifically for physical securities that were sold or purchased prior to April 1, 2019. The following table summarises the key parameters of this facility:
| Parameter: | Details |
|---|---|
| SEBI Circular Reference: | HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026 |
| Window Open Date: | February 05, 2026 |
| Window Close Date: | February 04, 2027 |
| Eligible Securities: | Physical securities sold/purchased prior to April 1, 2019 |
| Mode of Credit: | Demat mode only |
| Lock-in Period: | One year from the date of registration of transfer |
| RTA Name: | MUFG Intime India Private Limited |
| RTA Address: | C-101, 247 Park, LBS Marg, Vikhroli West, Mumbai 400083 (Maharashtra) |
| RTA Email: | investor.helpdesk@in.mpsg.mufg.com |
| Company Website: | www.brcl.in |
Eligibility and Scope
The special window also covers transfer requests that were submitted earlier but were rejected, returned, or not attended to due to deficiencies in documents, process, or otherwise. Securities transferred under this window will be mandatorily credited to the transferee only in demat mode. Such securities will be placed under a lock-in for a period of one year from the date of registration of transfer, during which they shall not be transferred, lien-marked, or pledged.
It is important to note that the following categories of cases are explicitly excluded from this window:
- Cases involving disputes between the transferor and the transferee
- Securities that have been transferred to the Investor Education and Protection Fund (IEPF)
Documents Required and Process
Shareholders seeking to avail of this facility are required to furnish the following documents to the company's Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited:
- Original Security Certificate
- Share Transfer Deed
- Client Master List (CML)
- All other documents as listed in the aforesaid SEBI Circular
For any queries, shareholders may raise a service request to the RTA at investor.helpdesk@in.mpsg.mufg.com or to the company at www.brcl.in .
Company Communication
The notice was signed by Kunjal Desai, Company Secretary of The Baroda Rayon Corporation Limited, and is dated May 15, 2026, from Surat. The company's registered office is located at P.O. Baroda Rayon, Fatehnagar, Udhna, Dist. Surat-394220, and can be reached at Tel: 0261-2899555 or Email: admin@brcl.in . The details of this announcement are also available on the company's website at www.brcl.in .
How many shareholders of Baroda Rayon Corporation are estimated to still hold physical securities from before April 1, 2019, and what is the total value of shares potentially eligible for this dematerialisation window?
What happens to physical securities that remain unclaimed or untransferred after the special window closes on February 4, 2027 — will they be transferred to IEPF or face other regulatory consequences?
Could the one-year lock-in period imposed on transferred securities impact Baroda Rayon's stock liquidity or trading volumes once a significant number of shares enter the demat system?































