Bayer CropScience Limited has announced the opening of a special window for transfer and dematerialisation of physical securities, following regulatory requirements under SEBI guidelines. The company published newspaper advertisements on March 19, 2026, informing shareholders about this facility.

Regulatory Compliance and Timeline

The special window has been established pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This follows an earlier SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD1/P/CIR/2025/97 dated July 02, 2025.

Eligibility and Process

The special window facility covers physical securities that were sold or purchased prior to April 01, 2019. Additionally, the window is available for transfer requests that were previously rejected, returned, or not attended due to deficiencies in documents, processes, or other reasons.

Shareholders wishing to avail this facility must submit specified documents to the company's Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited (formerly Link Intime India Private Limited).

Contact Information and Documentation

Transfer Conditions

Securities transferred through this special window will be mandatorily credited to the transferee only in demat mode. This credit will occur upon submission of valid documents and subject to verification by the RTA or company. All transferred securities will remain under lock-in for a period of one year from the date of transfer.

Publication Details

The company published the notice in Financial Express (English) and Loksatta (Marathi) newspapers on March 19, 2026. The announcement was signed by Bharati Shetty, Company Secretary and Compliance Officer (Membership No.: ACS 24199), from the company's registered office in Thane.

Bayer CropScience Limited has achieved a significant regulatory victory, successfully overturning a ₹100 million customs penalty through an appellate tribunal ruling. The company announced on January 22, 2026, that the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) had set aside the original penalty order in its favor.

Background of the Customs Dispute

The original penalty was imposed by the Office of Commissioner of Customs, Centralized Adjudication Cell, Maharashtra through an order dated December 15, 2023. The penalty of ₹100 million was levied under the Customs Act, 1962, relating to alleged misclassification of exported goods under Rule 3(a) of General Rules for Interpretation of the Harmonized System.

Appellate Tribunal Decision

The Customs, Excise & Service Tax Appellate Tribunal issued its final order on January 20, 2026, which was received by the company on January 21, 2026. The tribunal allowed Bayer CropScience's appeal, confirming the company's eligibility to claim export incentives and setting aside the demand raised by the Nhava Sheva Customs authorities.

Financial Impact and Settlement Details

The favorable tribunal ruling has resulted in the complete quashing of all financial demands against the company. The tribunal's decision eliminated multiple financial obligations that had been imposed by the customs authorities.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This announcement serves as an update to the company's previous disclosure made on December 18, 2023, regarding the original customs penalty proceedings.

The successful appeal outcome demonstrates no adverse impact on Bayer CropScience's financial position, with the company avoiding both the original penalty and associated recovery demands without any settlement payments.