Canara Bank Announces Special Window for Physical Securities Transfer and Dematerialisation

2 min read     Updated on 02 Apr 2026, 10:59 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Canara Bank has opened a special window from February 5, 2026 to February 4, 2027 for transfer and dematerialisation of physical securities sold/purchased before April 1, 2019, following SEBI circular guidelines. The facility covers previously rejected transfer requests and is managed through KFin Technologies Limited as the bank's RTA. Shareholders are advised to update KYC details and dematerialise physical shares for seamless processing.

powered bylight_fuzz_icon
36696595

*this image is generated using AI for illustrative purposes only.

Canara Bank has announced the opening of a special window to facilitate the transfer and dematerialisation of physical securities, following regulatory guidelines issued by the Securities and Exchange Board of India (SEBI).

Special Window Details

Pursuant to SEBI Circular No. HO/38/13/11(2) 2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, the bank has opened a special window for shareholders to transfer and dematerialise physical securities that were sold or purchased prior to April 1, 2019.

Parameter: Details
Validity Period: February 5, 2026 to February 4, 2027
Duration: One year
Applicable Securities: Physical securities sold/purchased before April 1, 2019
Regulatory Authority: SEBI

Eligibility and Coverage

The special window facility extends to transfer requests that were previously submitted but faced rejection, return, or non-processing due to various reasons including document deficiencies, procedural gaps, or other issues. This comprehensive approach ensures that shareholders who encountered difficulties in earlier attempts can now complete their transfer and dematerialisation processes.

Registrar and Transfer Agent Information

Shareholders seeking to utilise this facility can submit their requests along with necessary documents to the bank's Registrar and Transfer Agent (RTA):

Service Provider: KFin Technologies Limited (Unit: Canara Bank)
Address: Selenium Tower B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Hyderabad - 500 032
Toll Free Number: 1800-309-4001
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Shareholder Advisory

The bank has issued comprehensive guidance for shareholders to ensure smooth processing and communication. All shareholders are requested to update their KYC details including PAN, email ID, address, mobile number, and bank account details with their Depository Participant (DP) if shares are held in demat form, or with the RTA if shares are held in physical form.

Shareholders holding physical share certificates are specifically advised to dematerialise their shares by submitting share certificates to their respective Depository Participant (DP) to ensure ease of communication and seamless dividend payments.

Regulatory Compliance

This initiative demonstrates Canara Bank's commitment to regulatory compliance and shareholder service enhancement. The special window represents a significant opportunity for shareholders who have been unable to complete their transfer and dematerialisation processes due to previous complications or documentation issues.

The bank's proactive approach in publishing notifications across multiple languages - English, Hindi, and Kannada - ensures widespread awareness among its diverse shareholder base across different regions of India.

Historical Stock Returns for Canara Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+1.62%+10.32%+0.17%+11.08%+58.50%+371.09%

Will other public sector banks follow Canara Bank's lead in opening similar special windows for physical securities transfer?

How might this dematerialization push impact Canara Bank's operational costs and digital transformation timeline?

What penalties or restrictions could shareholders face if they miss the February 2027 deadline for this special window?

Canara Bank Announces Interdepartmental Transfer of Six Chief General Managers

2 min read     Updated on 02 Apr 2026, 04:32 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Canara Bank announced interdepartmental transfers of six Chief General Manager level executives effective from 01.04.2026, involving movements between circle offices and head office wings. The transferred executives possess extensive banking experience ranging from 17 to 37 years, with several having international exposure at London and New York branches. The notification was communicated to stock exchanges as part of regulatory compliance under Regulation 30.

powered bylight_fuzz_icon
36673378

*this image is generated using AI for illustrative purposes only.

Canara Bank has announced the interdepartmental transfer of six Chief General Manager level executives across various circles and head office wings. The transfers, effective from 01.04.2026, were communicated to stock exchanges through a regulatory notification dated 02.04.2026.

Executive Transfers Overview

The bank has restructured key leadership positions across multiple operational areas. The transfers involve movements between circle offices and reassignments within different wings at the head office level in Bengaluru and Mumbai.

Executive Current Position New Assignment
Shri Manoj Kumar Das Chandigarh Circle Office Credit Administration & Monitoring Wing, Head Office, Bengaluru
Smt K A Sindhu Chennai Circle Office Thiruvananthapuram Circle Office (Circle Head)
Shri I Panduranga Mithanthaya Tirupati Circle Office Treasury Wing, Part of Head Office, Mumbai
Shri R Rajesh Credit & Prepaid Cards Vertical, Head Office, Bengaluru Technology Services Wing, Head Office, Bengaluru
Shri B Chandra Sekhara Credit Administration & Recovery Wing, Head Office, Bengaluru General Administration & Marketing Wing, Head Office, Bengaluru
Shri Mahesh M Pai Bengaluru Circle Office Digital Banking Wing, Head Office, Bengaluru

Executive Profiles and Experience

The transferred executives bring substantial banking experience to their new roles. Shri Manoj Kumar Das possesses 37 plus years of banking experience with qualifications in B.Sc and CAIIB, having worked across various circle offices including Kolkata, Guwahati, Ranchi, Agra, and Chandigarh, with additional exposure in handling Gold Loan Vertical at head office level.

Smt K A Sindhu, who joined the bank on 26.12.1989, holds qualifications including Diploma in Rural Banking, B.Sc, Certificate in SME Finance for Bankers, and CAIIB. She has been handling Chennai Circle since 08.04.2024 and possesses extensive experience across branches, regional offices, and circle offices.

International and Specialized Experience

Several executives bring international banking exposure to their new assignments. Shri I Panduranga Mithanthaya, with 36 plus years of experience and qualifications in B.Com, PG Diploma, MBA, and CAIIB, worked at the London Branch from 02.07.2012 to 29.04.2016. He has been heading Tirupati Circle Office since 05.04.2024.

Shri Mahesh M Pai, who joined on 02.04.2007, worked at the New York Branch from 09.06.2014 to 22.06.2018. His qualifications include B.Sc, Composite Insurance Certification, Certified Anti-Money Laundering Specialist, and CAIIB, with technical exposure across Integrated Treasury Wing, Gold Loan Vertical, and Strategy & Resource Wing.

Technology and Administrative Expertise

The transfers also reflect the bank's focus on technology and digital banking capabilities. Shri R Rajesh, who joined on 15.07.1991 with qualifications in M.Sc, MBA, and CAIIB certification, brings diverse operational exposure in Digital Banking Services, Large Corporate Branch operations, and Information Technology departments.

Shri B Chandra Sekhara, who joined on 07.05.1994, holds M.Sc, Composite Insurance Certification, and CAIIB qualifications. His experience spans Recovery Legal and Fraud Prevention Wing, Strategy Resources & Government Services Wing, and Credit Administration and Recovery Wing at head office level.

The notification was signed by Santosh Kumar Barik, Company Secretary, and communicated to both BSE and NSE for regulatory compliance under stock exchange listing requirements.

Historical Stock Returns for Canara Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+1.62%+10.32%+0.17%+11.08%+58.50%+371.09%

How might these leadership changes impact Canara Bank's digital transformation strategy, particularly with the appointment of an internationally experienced executive to head the Digital Banking Wing?

What strategic initiatives could emerge from the strengthened focus on credit administration and treasury operations with these new appointments?

Will these executive transfers signal broader organizational restructuring or expansion plans for Canara Bank's circle operations in 2026?

More News on Canara Bank

1 Year Returns:+58.50%