Elixir Capital Opens Special Window for Physical Share Transfer and Dematerialization

1 min read     Updated on 03 Apr 2026, 12:37 AM
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Elixir Capital Ltd has opened a special window from February 5, 2026 to February 4, 2027 for transfer and dematerialization of physical securities, following SEBI guidelines. The facility is available exclusively to shareholders whose transfer requests were lodged before April 1, 2019 but were rejected due to document deficiencies. Bigshare Services Pvt. Ltd. will process the requests, with shares to be issued only in demat form.

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Elixir Capital Ltd has announced the opening of a special window for physical shareholders to facilitate the transfer and dematerialization of their securities. This initiative, running from February 5, 2026 to February 4, 2027, provides an opportunity for eligible shareholders to convert their physical holdings to electronic form.

Regulatory Framework and Eligibility

The special window has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The facility is exclusively available to shareholders whose transfer requests meet specific criteria established by the regulatory framework.

Parameter Details
Window Period February 5, 2026 to February 4, 2027
Eligibility Cutoff Transfer requests lodged prior to April 1, 2019
Processing Agent Bigshare Services Pvt. Ltd.
Share Issuance Format Demat form only

Eligibility Criteria and Process

The special window is specifically designed for shareholders whose transfer requests were lodged prior to April 1, 2019 for transfer of physical shares and were subsequently rejected, returned, or not attended due to deficiency in documents, process, or other issues. Eligible shareholders must submit their original security certificates, transfer deed, and all other documents as specified in the SEBI circular.

Processing and Contact Information

Bigshare Services Pvt. Ltd. has been designated as the company's Registrar and Transfer Agent for processing these requests. Shareholders can submit their documents to the following address:

Contact Details Information
Office Address Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093
Email investor@bigshareonline.com
Phone 022 6263 8200
Online Portal https://iconnect.bigshareonline.com/Account/Login

Important Conditions

The company has emphasized that shares that are re-lodged for transfer under this special window shall be issued only in demat form. This aligns with the broader regulatory push towards dematerialization of securities in the Indian capital markets.

Shareholder Support

For queries and assistance, shareholders have multiple channels available:

This initiative represents part of the ongoing efforts to streamline securities transfer processes and encourage dematerialization of physical shares in compliance with regulatory requirements.

Historical Stock Returns for Elixir Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+7.93%-0.39%-12.89%-27.84%-33.01%+196.48%

Will SEBI extend similar special windows to other listed companies with pending physical share transfer requests?

How might this dematerialization push affect Elixir Capital's shareholder base and trading liquidity over the next year?

What happens to physical shareholders who miss this February 2027 deadline - will there be future opportunities for conversion?

Elixir Capital Subsidiary Faces SEBI Settlement Order Under Algo Platform Scheme

1 min read     Updated on 20 Mar 2026, 05:08 PM
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AI Summary

Elixir Capital Limited disclosed that its subsidiary Elixir Equities Private Limited is subject to a SEBI settlement order under the 'Settlement Scheme for Association with Certain Algo Platforms, 2025'. The scheme affects 111 stock brokers, requiring each to pay ₹1,00,000 for alleged violations related to algorithmic trading platforms. The company clarified that the order does not directly impact the listed entity and will not materially affect financial position or operations beyond the settlement amount.

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Elixir Capital Limited has informed the stock exchanges about a SEBI settlement order affecting its subsidiary company under a regulatory scheme targeting algorithmic trading platform associations. The disclosure was made on March 20, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations.

SEBI Settlement Order Details

The Securities and Exchange Board of India has issued a settlement order under the 'Settlement Scheme for Association with Certain Algo Platforms, 2025', which covers 111 stock brokers across the industry. Elixir Equities Private Limited, a subsidiary of Elixir Capital Limited, is among the entities covered under this scheme.

Parameter Details
Settlement Order Reference PSD/SD/SettScheme/2/2025-26
Order Date March 17, 2026
Total Brokers Affected 111
Settlement Amount per Broker ₹1,00,000
Affected Subsidiary Elixir Equities Private Limited

Nature of Alleged Violations

The settlement pertains to the subsidiary's alleged association with certain algorithmic platforms. According to the company's disclosure, these practices were viewed as violations of:

  • Applicable SEBI circulars
  • Provisions of the SEBI (Stock Brokers) Regulations, 1992

The regulatory action specifically targets practices related to algorithmic trading platforms that were deemed non-compliant with existing securities regulations.

Financial and Operational Impact

Elixir Capital has clarified that the settlement order does not directly relate to the listed entity itself, but only to its subsidiary. The company has assessed the impact as follows:

Impact Category Assessment
Financial Impact No material impact except settlement amount
Operational Impact No material impact on business activities
Listed Entity Settlement order not directly applicable
Settlement Payment ₹1,00,000 required under the scheme

Company Response and Compliance Commitment

The company has emphasized its commitment to maintaining high compliance standards. Elixir Capital stated that both the parent company and its subsidiary will take necessary steps to address the regulatory concerns raised in the settlement order.

The disclosure was signed by Radhika Mehta, Whole-Time Director of Elixir Capital Limited, and submitted to BSE Limited for record-keeping purposes. The company noted that while the settlement order was dated March 17, 2026, no formal communication was received directly from SEBI, and the order was acknowledged based on its publication on the regulator's official website.

Historical Stock Returns for Elixir Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+7.93%-0.39%-12.89%-27.84%-33.01%+196.48%

Will SEBI introduce stricter regulations for algorithmic trading platforms following this industry-wide settlement involving 111 brokers?

How might this regulatory action affect Elixir Capital's expansion plans for its subsidiary's trading operations?

Could similar settlement schemes be extended to other financial market segments beyond stock broking?

More News on Elixir Capital

1 Year Returns:-33.01%