National Fertilizers Opens Special Window for Physical Share Transfer and Dematerialisation
National Fertilizers Limited has announced a special window facility for shareholders to transfer and dematerialise physical shares in compliance with SEBI regulations. The window is open from February 5, 2026 to February 4, 2027 for securities purchased before April 1, 2019, with all transfers processed in dematerialised form under a one-year lock-in period.

*this image is generated using AI for illustrative purposes only.
National Fertilizers Limited has published newspaper advertisements announcing the opening of a special window facility for shareholders to transfer and dematerialise their physical shares, in compliance with SEBI regulations. The company published these advertisements on April 17, 2026 in both English and Hindi newspapers.
Regulatory Compliance
The special window has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This initiative is being undertaken in compliance with regulatory requirements for transfer and dematerialisation of physical securities.
| Parameter: | Details |
|---|---|
| SEBI Circular: | HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 |
| Circular Date: | January 30, 2026 |
| Window Period: | February 05, 2026 to February 04, 2027 |
| Advertisement Date: | April 17, 2026 |
Special Window Details
The special window is open for transfer and dematerialisation of physical securities that were sold or purchased prior to April 01, 2019, for a period of one year from February 05, 2026 to February 04, 2027. This initiative also covers transfer requests that were originally submitted prior to April 01, 2019, but were rejected, returned, or not processed due to deficiencies in documentation or other procedural issues.
All transfer requests will be processed strictly in dematerialised form and will be under lock-in for a period of one year from the date of registration of transfer. During the lock-in period, such securities cannot be transferred, lien-marked, or pledged.
Stock Exchange Notification
National Fertilizers has formally notified both stock exchanges about the newspaper advertisement publication. The company sent letters to National Stock Exchange of India Limited and BSE Limited on April 17, 2026, enclosing copies of the published advertisements.
| Exchange: | Symbol/Code |
|---|---|
| NSE: | NFL |
| BSE: | 523630 |
| Notification Date: | April 17, 2026 |
| Reference Number: | NFL/SEC/SE/2151 |
Registrar and Transfer Agent
Shareholders are advised to lodge or re-lodge their transfer requests along with requisite documents to the company's Registrar and Share Transfer Agent, MAS Services Limited, located at T-34, II Floor, Okhla Industrial Area, Phase-II, New Delhi-110020. The notification was signed by Ashok Jha, Company Secretary, confirming the company's commitment to regulatory compliance and transparent communication with stakeholders.
How might the one-year lock-in period for dematerialized shares impact National Fertilizers' trading liquidity and stock price volatility?
What percentage of National Fertilizers' total shareholding is expected to be converted through this special window facility?
Will other fertilizer companies face similar SEBI mandates for physical share conversion, potentially affecting sector-wide compliance costs?


























