Carborundum Universal Limited Notifies Shareholders of Special Window for Physical Share Transfer and IEPF 100-Day Campaign (Second Phase)
Carborundum Universal Limited published newspaper advertisements on 5th May 2026 notifying shareholders of a SEBI-permitted special window from 5th February 2026 to 4th February 2027 for re-lodgement of physical share transfer and dematerialisation requests for shares held prior to 1st April 2019. Transferred shares will be issued only in dematerialised form and will be subject to a one-year lock-in period. The company also announced the second phase of the IEPF Authority's 'Saksham Niveshak' 100-day campaign, running from 1st April 2026 to 9th July 2026, urging shareholders with unclaimed or unpaid dividends from FY 2018-19 onwards to update their KYC and bank details to avoid transfer of funds to IEPFA.

*this image is generated using AI for illustrative purposes only.
Carborundum Universal Limited has published newspaper advertisements in 'Business Standard' (English) and 'Makkal Kural' (Tamil) on 5th May 2026, notifying shareholders of two important investor-related developments: the opening of a special window for physical share transfer and dematerialisation, and the launch of the second phase of the Investor Education and Protection Fund (IEPF) Authority's 100-day campaign.
Special Window for Transfer and Dematerialisation of Physical Shares
The Securities and Exchange Board of India (SEBI) had discontinued the transfer of shares in physical form from 1st April 2019. A prior special window was permitted from 7th July 2025 to 6th January 2026 for re-lodgement of physical share transfer requests that were submitted before 1st April 2019 but returned due to documentation deficiencies.
Pursuant to a SEBI circular dated 30th January 2026, another special window has now been permitted for a period of one year — from 5th February 2026 to 4th February 2027 — for re-lodgement of transfer and dematerialisation of physical shares. This facility is available to investors who had purchased, held, or acquired shares of Carborundum Universal Limited in physical form prior to 1st April 2019.
The eligibility criteria for shareholders wishing to avail this window are outlined below:
| Execution Date of Transfer Deed: | Lodged for Transfer Before April 01, 2019? | Original Security Certificate Available? | Eligible to Lodge in Current Window? |
|---|---|---|---|
| Before April 01, 2019 | No (fresh lodgement) | Yes | ✓ |
| Before April 01, 2019 | Yes (rejected/returned earlier) | Yes | ✓ |
| Before April 01, 2019 | Yes | No | ✗ |
| Before April 01, 2019 | No | No | ✗ |
The following cases will not be considered under this window:
- Cases involving disputes between transferor and transferee
- Shares which have been transferred to the Investor Education and Protection Fund (IEPF)
Process and Requirements
Eligible shareholders may submit their transfer requests along with the requisite documents to the Company's Registrar and Transfer Agent (RTA), KFin Technologies Limited, at Selenium Building, Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana – 500032, or via email at einward.ris@kfinitech.com . Shareholders may also contact the Company directly at investorservices@cumi.murugappa.com .
All transfer requests duly rectified and re-lodged during the window period will be processed through the transfer-cum-demat mode, meaning shares will be issued only in dematerialised form after approval of the transfer. Transferred shares will be subject to a lock-in period of one year. Shareholders availing this facility must therefore hold a demat account and provide the Client Master List along with transfer documents, original share certificate(s), and other necessary documents as specified in the SEBI circular.
IEPF 100-Day 'Saksham Niveshak' Campaign — Second Phase
Pursuant to communication received from the IEPF Authority, Carborundum Universal Limited has also informed shareholders about the second phase of the 100-day 'Saksham Niveshak' campaign, running from 1st April 2026 to 9th July 2026. The campaign has been launched to facilitate direct payment of unclaimed or unpaid dividends, subject to submission of requisite documents and updation of KYC details, with the aim of preventing transfer of such amounts and shares to the IEPF Authority.
Key details of the campaign are summarised below:
| Parameter: | Details |
|---|---|
| Campaign Name: | Saksham Niveshak (Second Phase) |
| Campaign Period: | 1st April 2026 to 9th July 2026 |
| Applicable Dividends: | Unclaimed/unpaid dividends from FY 2018-19 onwards |
| RTA Contact: | KFin Technologies Limited, Hyderabad – 500032 |
| Company Email: | investorservices@cumi.murugappa.com |
The campaign encourages shareholders to update their KYC details, bank account particulars, and contact information. All shareholders whose dividends for financial years commencing from FY 2018-19 onwards remain unclaimed or unpaid are requested to immediately contact the Company or its RTA to complete the requisite formalities and enable direct release of dividends.
Contact Details for Shareholder Assistance
Shareholders seeking further assistance may reach out through the following channels:
- RTA: KFin Technologies Limited, Mr. S R Ramesh, Deputy Vice President, Selenium Building, Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana – 500032
- Email (RTA): einward.ris@kfinitech.com
- Company Email: investorservices@cumi.murugappa.com
- Company Website: https://www.cumi-murugappa.com/part-4-investor-services/
The notices were signed by Rekha Surendhiran, Company Secretary, Carborundum Universal Limited, and dated 5th May 2026 from Chennai.
Historical Stock Returns for Carborundum Universal
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.58% | +2.80% | +21.22% | +13.08% | +1.41% | +81.38% |
How many Carborundum Universal shareholders are estimated to still hold physical shares, and what percentage of unclaimed dividends could potentially be recovered through the Saksham Niveshak campaign?
Could SEBI extend or make permanent the special window for physical share transfer beyond February 2027 if investor uptake remains significant across listed companies?
What happens to shares that remain in physical form and are not dematerialised by the end of the February 2027 window — will they automatically be transferred to IEPF?


































