Coastal Roadways Limited Opens Special Window for Physical Share Transfer Requests Under SEBI Circular

1 min read     Updated on 07 May 2026, 10:01 PM
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Anirudha BScanX News Team
AI Summary

Coastal Roadways Limited has opened a special window from February 05, 2026 to February 04, 2027, for fresh and re-lodgement of physical share transfer requests, in line with SEBI Circular No. HO/38/13/11(2)/2026-MIRSD-POD/13750/2026 dated January 30, 2026. The facility applies only to share transfer deeds executed prior to April 1, 2019, where the original security certificate is available. Transferred shares will be credited in demat mode only and will be under a one-year lock-in from the date of registration, during which no transfer, lien-marking, or pledging is permitted. Shareholders may submit requests to the RTA, S K Infosolutions Pvt. Ltd., in Kolkata, or contact the company directly.

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Coastal Roadways Limited has notified its shareholders of a special window for fresh lodgement and re-lodgement of physical share transfer requests, pursuant to SEBI Circular No. HO/38/13/11(2)/2026-MIRSD-POD/13750/2026 dated January 30, 2026. The company published newspaper advertisements in The Financial Express (English) and Arthik Lipi (Bengali) on 7th May 2026, disclosing the details of this facility to its shareholders.

Special Window: Key Details

The special window has been made available exclusively for share transfer requests where the share transfer deeds were executed prior to April 1, 2019, irrespective of whether or not they were lodged before that date, and subject to the availability of the original security certificate. The following table summarises the key parameters of the special window:

Parameter: Details
Window Open Date: February 05, 2026
Window Close Date: February 04, 2027
Eligibility: Share transfer deeds executed prior to April 1, 2019
Condition: Original security certificate must be available
Credit Mode: Mandatory demat mode only
Lock-in Period: One year from date of registration of transfer
Restrictions During Lock-in: Shares shall not be transferred, lien-marked, or pledged

How Eligible Shareholders Can Submit Requests

Eligible shareholders are required to submit their transfer requests along with the original security certificate and other requisite documents within the window period. Submissions may be made to the company's Registrar and Share Transfer Agent (RTA):

  • RTA Name: S K Infosolutions Pvt. Ltd.
  • Address: D/42 Kalu Nagar, Ground Floor, Near South City Mall, Jadavpur, Kolkata – 700032
  • Telephone: 033-24120027/29
  • Email: skedilp@gmail.com
  • Website: www.skinfo.com

Alternatively, shareholders may contact the company directly at coastalgroup1968@gmail.com for further assistance.

Lock-in and Compliance Requirements

As mandated under the SEBI circular, all shares processed through this special window will be credited to the transferee exclusively in demat form. These securities will be subject to a lock-in period of one year from the date of registration of transfer, during which they cannot be transferred, lien-marked, or pledged. This notice was signed by Sneha Jain, Company Secretary (Membership No. ACS 38991), on behalf of Coastal Roadways Limited, and was dated May 6, 2026, from Kolkata.

Historical Stock Returns for Coastal Roadways

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+33.71%-1.60%+20.82%+172.96%

How many eligible shareholders of Coastal Roadways Limited are estimated to hold pre-2019 physical share transfer deeds, and what is the total value of shares potentially affected by this special window?

Will SEBI extend or introduce similar special windows beyond February 2027 for shareholders who miss the current deadline or fail to locate their original security certificates in time?

How might the mandatory demat conversion and one-year lock-in period impact the liquidity and trading volumes of Coastal Roadways Limited shares on the secondary market?

Coastal Roadways Limited Confirms Non-Fulfillment of Large Corporate Criteria Under SEBI Circular

2 min read     Updated on 10 Apr 2026, 08:36 PM
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AI Summary

Coastal Roadways Limited has formally notified BSE Limited through official communication reference CRL/KOL/SEC/BBY/APRIL/26 that it does not qualify as a 'Large Corporate' under SEBI's regulatory framework for debt securities issuance. The confirmation, digitally signed by Director & CFO Raja Saraogi and Company Secretary Sneha Jain on April 10, 2026, establishes the company's exempt status from specific compliance and disclosure requirements outlined in the November 2018 SEBI circular.

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Coastal Roadways Limited has formally notified BSE Limited that it does not meet the criteria to be classified as a 'Large Corporate' under the regulatory framework established by SEBI. This confirmation relates to specific compliance requirements for debt securities issuance by large entities.

Regulatory Framework and Compliance Status

The company's confirmation addresses SEBI circular number SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which established guidelines for fund raising through debt securities by large entities. Under this regulatory framework, companies meeting specific criteria are classified as 'Large Corporate' entities and must comply with enhanced disclosure and compliance requirements.

Parameter: Details
SEBI Circular Reference: SEBI/HO/DDHS/CIR/P/2018/144
Circular Date: November 26, 2018
Subject Matter: Fund Raising by Debt Securities - Large Entities
Company Status: Not classified as Large Corporate
Disclosure Obligation: Not applicable

Corporate Communication and Authorization

The formal notification was submitted to BSE Limited on April 10, 2026, through reference CRL/KOL/SEC/BBY/APRIL/26. The communication was duly authorized and digitally signed by key company officials, ensuring proper corporate governance protocols were followed.

Signatory: Position Credentials
Raja Saraogi: Director & CFO DIN: 00271334
Sneha Jain: Company Secretary & Compliance Officer ACS - 38991

Official Communication Details

The company addressed its communication to the Manager, Department of Corporate Services at BSE Limited, located at P. J. Towers, 25th Floor, Dalal Street, Mumbai. The letter explicitly stated that Coastal Roadways Limited is not identified as a 'Large Corporate' as per the framework provided in the SEBI circular and hence the circular is not applicable to the company.

Communication Detail: Information
Reference Number: CRL/KOL/SEC/BBY/APRIL/26
Date: April 10, 2026
Recipient: BSE Limited
BSE Code: 520131
Digital Signature Time: 13:13:28 +05'30' (Raja Saraogi)

Implications for Coastal Roadways Limited

Since Coastal Roadways Limited does not qualify as a Large Corporate under the SEBI framework, the company is exempt from the specific compliance and disclosure requirements outlined in the November 2018 circular. This classification affects the company's regulatory obligations particularly regarding debt securities issuance and related reporting requirements.

The company has requested BSE to take this information on record, formally establishing its compliance status under the relevant SEBI guidelines. This confirmation provides clarity on the company's regulatory position and helps stakeholders understand the applicable compliance framework for Coastal Roadways Limited's corporate activities.

Historical Stock Returns for Coastal Roadways

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+33.71%-1.60%+20.82%+172.96%

What are Coastal Roadways' future debt financing plans given their exemption from Large Corporate disclosure requirements?

Could the company's current size and financial metrics change to potentially qualify it as a Large Corporate in upcoming years?

How might this regulatory classification impact investor perception and the company's access to capital markets?

More News on Coastal Roadways

1 Year Returns:+20.82%