Deepak Spinners Limited Announces Saksham Niveshak Campaign and Special Window for Physical Share Re-lodgement

2 min read     Updated on 04 May 2026, 02:36 PM
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Deepak Spinners Limited published a shareholder notice on May 3, 2026, covering two key SEBI-mandated initiatives. The company launched the 100-day 'Saksham Niveshak' campaign from April 1 to July 9, 2026, urging shareholders to update KYC details and claim unpaid dividends for FY 2018-19 through FY 2023-24 to prevent transfer to IEPF. Simultaneously, a special window for the transfer and dematerialisation of physical securities sold or purchased prior to April 1, 2019 has been opened from February 5, 2026 to February 4, 2027, with re-lodged securities to be credited in demat mode under a one-year lock-in.

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Deepak Spinners Limited has issued a newspaper publication dated May 4, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing shareholders about two significant investor-related initiatives. The notices were published in Financial Express (National English Daily) and Jansatta (Hindi Local Daily) on May 3, 2026, and were submitted to BSE Limited by Company Secretary Puneeta Arora.

Saksham Niveshak: 100-Day Shareholder Engagement Campaign

Pursuant to the Investor Education and Protection Fund Authority (IEPFA), Ministry of Corporate Affairs' Circular dated March 27, 2026, Deepak Spinners has initiated a 100-day campaign titled "Saksham Niveshak" to facilitate KYC updation and shareholder engagement, with the specific objective of preventing the transfer of unpaid and unclaimed dividends to the IEPF. The key details of the campaign are outlined below:

Parameter: Details
Campaign Name: Saksham Niveshak
Campaign Duration: April 1, 2026 to July 9, 2026
Governing Circular: IEPFA, Ministry of Corporate Affairs Circular dated March 27, 2026
Applicable Financial Years: FY 2018-19 to FY 2023-24

Shareholders who have not claimed their dividend for any financial year from FY 2018-19 to FY 2023-24 are specifically requested to take the following actions:

  • Update their KYC details, including the latest bank details with IFSC code, in their folio or demat account.
  • Claim unpaid dividends from FY 2018-19 to FY 2023-24.
  • Update bank mandates, nomination details, and contact information.

The campaign has been initiated proactively to reach out to shareholders and enable them to prevent their shares from being transferred to the IEPFA. Details of unclaimed and unpaid dividends and/or shares deposited or transferred to the IEPFA are available on the company's website.

Special Window for Transfer and Dematerialisation of Physical Securities

In terms of SEBI Circular No. HO/38/13/11/2026-MIRSD-POD/V3750/2026 dated January 30, 2026, Deepak Spinners has notified shareholders of the opening of a special window for the transfer and dematerialisation of physical securities. The window specifically covers securities that were sold or purchased prior to April 1, 2019.

Parameter: Details
Governing SEBI Circular: HO/38/13/11/2026-MIRSD-POD/V3750/2026 dated January 30, 2026
Special Window Open Period: February 5, 2026 to February 4, 2027 (1 year)
Eligible Securities: Physical securities sold/purchased prior to April 1, 2019
Transfer Mode: Demat mode only
Lock-in Period: One year from the date of transfer

The special window is also available for transfer requests that were submitted earlier but were rejected, returned, or not attended to due to deficiency in documents, process, or any other reason. Securities re-lodged for transfer shall be credited to the transferee only in demat mode and shall be subject to a lock-in period of one year from the date of transfer.

Registrar and Transfer Agent Contact Details

Eligible shareholders are advised to contact the company's Registrar and Transfer Agent for assistance with the above processes:

Parameter: Details
RTA Name: M/s. Maheshwari Datamatics Pvt. Ltd.
Address: 23, R. N. Mukherjee Road, 5th Floor, Kolkata 70000
Telephone: 033-22482248
Email: compliance@mdplcorporate.com
Website: www.mdpl.in
Contact Person: Mr. Ramen Patra, Mobile No. 93318 67321

The notice was signed by Puneeta Arora, Company Secretary (FCS 7466), on behalf of Deepak Spinners Limited, from Badli, dated May 1, 2026.

Historical Stock Returns for Deepak Spinners

1 Day5 Days1 Month6 Months1 Year5 Years
+2.46%-0.17%+7.95%-11.38%-20.77%+5.41%

How much total unclaimed dividend amount is at risk of being transferred to IEPFA if shareholders fail to respond before the July 9, 2026 deadline of the Saksham Niveshak campaign?

What penalties or complications might shareholders face if they miss the one-year special window ending February 4, 2027, for transferring physical securities to demat mode?

How might the mandatory one-year lock-in period on transferred physical securities impact trading activity and liquidity of Deepak Spinners' stock?

Deepak Spinners: SEBI Exemption Filing and Q4FY26 Compliance Updates

2 min read     Updated on 09 Apr 2026, 07:30 PM
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Deepak Spinners Limited has completed two significant regulatory filings - a SEBI exemption application for Shantanu Daga's acquisition of 428 shares through inter-se promoter transfer and quarterly dematerialisation compliance for Q4FY26 period ending March 2026, demonstrating continued regulatory transparency.

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Deepak Spinners Limited has made significant regulatory filings, including a SEBI exemption application for share acquisition and quarterly dematerialisation compliance for Q4FY26. The company continues to maintain transparency in its regulatory obligations through proper documentation and timely submissions.

SEBI Exemption Application for Share Transfer

Shantanu Daga has submitted an exemption application to the Securities and Exchange Board of India (SEBI) under Regulation 10(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding his acquisition of shares in Deepak Spinners Limited. The application, numbered 576, was filed on 03/04/2026 at 18:07:41.

The acquisition involved the transfer of 428 equity shares representing 0.01% of the total share capital through an inter-se transfer between members of the promoter group, structured as a gift from Asha Devi Daga to Shantanu Daga without any monetary consideration.

Parameter: Details
Acquisition Date: 06/03/2026
Share Price: 0 (Gift Transfer)
Shares Acquired: 428
Percentage Acquired: 0.01%
Transferor: Asha Devi Daga
Relationship: Members of Promoter Group

Shareholding Changes

Following the acquisition, Shantanu Daga's shareholding in Deepak Spinners Limited increased from 29615 shares (0.41%) to 30043 shares (0.42%). The seller, Asha Devi Daga, reduced her holding from 428 shares (0.01%) to zero shares.

Stakeholder: Pre-Acquisition Post-Acquisition
Shantanu Daga (Acquirer)
Number of Shares: 29615 30043
Percentage Holding: 0.41% 0.42%
Asha Devi Daga (Seller)
Number of Shares: 428 0
Percentage Holding: 0.01% 0%

Q4FY26 Dematerialisation Compliance

Deepak Spinners Limited has filed its quarterly dematerialisation compliance report with BSE Limited for the period ending March 31, 2026. Company Secretary Puneeta Arora submitted the compliance filing on April 9, 2026, in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

The registrar and transfer agent, Maheshwari Datamatics Pvt. Ltd., confirmed sending the Demat Transfer Register for the period January 1, 2026 to March 31, 2026 to the depositories and stock exchanges where the company's shares are listed.

Compliance Parameter: Details
Filing Date: April 9, 2026
Quarter Covered: Q4FY26 (Jan-Mar 2026)
Regulation: SEBI Regulation 74(5)
Registrar: Maheshwari Datamatics Pvt. Ltd.
Company Secretary: Puneeta Arora

Regulatory Compliance and Documentation

The exemption application was filed under Regulation 10(1)(a)(ii) of the SEBI Takeover Regulations, which covers inter-se transfers among promoter group members. Shantanu Daga confirmed compliance with all conditions specified under this regulation and paid the required filing fees of ₹150000.

The registrar confirmed proper destruction and cancellation of all securities received from concerned Depository Participants after dematerialisation within the stipulated timeframe, ensuring complete compliance with regulatory requirements.

Company Information

Deepak Spinners Limited is listed on the Bombay Stock Exchange with scrip code 514030 and is located at 121 Industrial Area, Baddi Tehsil Nalagarh, Shimla, Himachal Pradesh. The company maintains regular compliance with all applicable SEBI regulations through proper documentation and timely submissions.

Historical Stock Returns for Deepak Spinners

1 Day5 Days1 Month6 Months1 Year5 Years
+2.46%-0.17%+7.95%-11.38%-20.77%+5.41%

Will this promoter group consolidation signal potential strategic changes or restructuring plans at Deepak Spinners Limited?

How might the company's Q4FY26 financial performance compare to previous quarters given the regulatory compliance activities?

Could this inter-se transfer be part of a broader succession planning strategy within the Daga family's business interests?

More News on Deepak Spinners

1 Year Returns:-20.77%