Blue Dart Express Opens Special Window for Physical Share Transfer and Dematerialisation

2 min read     Updated on 10 Apr 2026, 09:02 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Blue Dart Express Limited has opened a special window from February 05, 2026 to February 04, 2027 for transfer and dematerialisation of physical shares pursuant to SEBI circular dated January 30, 2026. The facility covers securities sold/purchased prior to April 1, 2019 and previously rejected transfer requests, with mandatory dematerialisation and one-year lock-in period for transferred securities.

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Blue dart express has announced the opening of a special window for shareholders to facilitate transfer and dematerialisation of physical shares, in compliance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/II/3750/2026 dated January 30, 2026. The company published official notices in leading newspapers on April 9, 2026, to inform shareholders about this facility.

Special Window Details

The special window will remain operational for a period of one year, providing shareholders with adequate time to complete their transfer and dematerialisation requests. The facility addresses specific categories of physical securities and previously unsuccessful transfer attempts.

Parameter: Details
Window Period: February 05, 2026 to February 04, 2027
Duration: One year
SEBI Circular Reference: HO/38/13/11(2)2026-MIRSD-POD/II/3750/2026
Circular Date: January 30, 2026

Eligibility Criteria

The special window facility is available for specific categories of physical securities and transfer requests. Shareholders can utilise this facility for securities that meet the defined eligibility requirements.

Eligible Securities:

  • Physical securities sold or purchased prior to April 1, 2019
  • Transfer requests previously submitted but rejected due to deficiencies
  • Transfer requests that were returned or remained unattended
  • Cases involving deficiencies in documents or processes

Transfer Process and Requirements

Shareholders seeking to utilise the special window must comply with specific documentation and process requirements. The company has outlined mandatory conditions for processing transfer requests under this facility.

Requirement: Details
Documentation: Original share certificates, duly executed transfer deeds, supporting documents
Transfer Mode: Dematerialised form only
Lock-in Period: One year from registration date
Restrictions: No transfer, pledge, or encumbrance during lock-in

Registrar and Contact Information

Blue Dart Express has designated MUFG Intime India Private Limited as the registrar and share transfer agent for processing requests under the special window. The registrar, formerly known as Link Intime India Private Limited, will handle all transfer and dematerialisation requests.

Contact Details: Information
Registrar: MUFG Intime India Private Limited
Address: C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai – 400083
Phone: (022) 4918 6000
Toll-Free: 1800 1020 878
Website: Company announcements section

Publication and Compliance

The company fulfilled its regulatory obligations by publishing the notice in prominent newspapers across different language editions. Tushar Gunderia, Head (Legal & Compliance) and Company Secretary, signed the official communications and newspaper advertisements.

Publication Details:

  • The Economic Times, Mumbai Edition - April 9, 2026
  • Maharashtra Times, Mumbai Edition - April 9, 2026
  • Official communication to BSE and NSE - April 9, 2026

Shareholders are advised to submit their requests along with requisite documents within the stipulated period to avail of this special facility for transfer and dematerialisation of their physical shares.

Historical Stock Returns for Blue Dart Express

1 Day5 Days1 Month6 Months1 Year5 Years
+2.49%+5.67%-2.44%-5.96%-14.94%-2.30%

Will SEBI extend similar special windows to other listed companies with significant physical shareholding bases?

How might the one-year lock-in period impact Blue Dart's stock liquidity and trading volumes post-dematerialization?

What percentage of Blue Dart's total shareholding remains in physical form and could potentially utilize this facility?

Blue Dart Express Receives ₹70.59 Crore Income Tax Demand Notice for AY 2018-19

1 min read     Updated on 01 Apr 2026, 09:21 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Blue Dart Express Limited received an income tax demand notice of ₹70,58,98,292 for assessment year 2018-19, primarily due to disallowed CSR deduction of ₹1,68,43,609 under section 80G. The demand also includes interest charges under sections 234B and 234C, and adjustments for advance tax credits and past refunds. The company is evaluating the matter and plans to file an appeal or rectification in due course.

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Blue Dart Express Limited has received a significant income tax demand notice of ₹70,58,98,292 for the assessment year 2018-19, the company disclosed in a regulatory filing under SEBI Regulation 30. The notice was received on March 30, 2026, at 11:32 PM from the Assessment unit of the Income Tax Department.

Details of the Tax Demand

The substantial demand primarily arises from the disallowance of Corporate Social Responsibility (CSR) deduction claimed by the company under section 80G of the Income Tax Act, 1961. The following table outlines the key components of the demand:

Component: Details
Total Demand Amount: ₹70,58,98,292
Disallowed CSR Deduction: ₹1,68,43,609
Assessment Year: 2018-19
Notice Section: Section 156 of IT Act, 1961
Issuing Authority: Assessment unit Income Tax Department

Nature of Violations

According to the company's disclosure, the tax officer has passed an order under section 147 of the IT Act, disallowing the CSR deduction that was claimed in the company's tax return. The demand encompasses several components beyond the disallowed deduction:

  • Short grant of credit for advance tax and self-assessment tax
  • Levy of interest under sections 234B and 234C of the Income Tax Act
  • Adjustments related to refunds already issued in the past

Company's Response Strategy

Blue Dart Express has indicated that it is currently evaluating the matter and plans to file an appeal or rectification application in due course. The company has not quantified any specific financial impact from this development at this stage, stating that it is assessing the situation.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company filed the necessary information in the prescribed format, including details as per Para A of Part A of Schedule III of SEBI Listing Regulations, in compliance with the SEBI Master Circular dated January 30, 2026.

The development represents a significant regulatory matter for the logistics company, with the demand amount being substantial relative to typical operational matters. The company's next steps will likely involve engaging with tax advisors and filing appropriate legal remedies to contest the demand.

Historical Stock Returns for Blue Dart Express

1 Day5 Days1 Month6 Months1 Year5 Years
+2.49%+5.67%-2.44%-5.96%-14.94%-2.30%

How might this ₹70.6 crore tax demand impact Blue Dart's cash flow and dividend distribution plans for FY2026-27?

Could this CSR deduction disallowance set a precedent affecting other logistics companies' tax strategies?

What are the potential outcomes if Blue Dart's appeal is unsuccessful, and how might it affect their credit ratings?

More News on Blue Dart Express

1 Year Returns:-14.94%