Galaxy Bearings Limited Submits March 2026 Monthly Report on Physical Securities Transfer Under SEBI Guidelines

1 min read     Updated on 06 Apr 2026, 07:01 PM
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AI Summary

Galaxy Bearings Limited submitted its March 2026 monthly report to BSE Limited on April 6, 2026, detailing physical securities transfer activities under SEBI guidelines. The report shows 5 transfer requests were received during March 2026, with all requests being rejected and an average processing time of 12 days, as reported by RTA Alankit Assignments Limited.

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Galaxy Bearings Limited has filed its monthly compliance report with BSE Limited for March 2026, detailing the status of physical securities transfer and dematerialisation requests under SEBI's regulatory framework. The report was submitted on April 6, 2026, by Company Secretary and Compliance Officer Bhumika Teli.

Regulatory Compliance Framework

The monthly report submission is mandated under SEBI Circular HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30 January 2026, which pertains to the "Ease of Doing Investment – Special Window for Transfer and Dematerialisation of Physical Securities." This regulatory initiative aims to streamline the process of converting physical securities into electronic format and facilitating transfers.

March 2026 Transfer Activity Summary

The report from Alankit Assignments Limited, serving as the Registrar and Transfer Agent (RTA), provides detailed statistics for March 2026 transfer activities:

Parameter March 2026 Data
Requests Received During Month 5
Requests Processed During Year 0
Requests Approved 0
Requests Rejected 5
Average Processing Time 12 days

Processing Outcomes and Timeline

All 5 transfer requests received during March 2026 were rejected, with no approvals recorded for the month. The average processing time for handling these requests was 12 days. No requests were processed during the broader year period, indicating that the March activity represents the primary transfer-related activity for the reporting period.

Administrative Details

The compliance report was digitally signed by Bhumika Teli, who serves as the Company Secretary and Compliance Officer for Galaxy Bearings Limited. The submission includes the prescribed format data received from Alankit Assignments Limited, which holds multiple SEBI registrations including depository participant licenses with both NSDL and CDSL.

Alankit Assignments Limited, with CIN U74210DL1991PLC042569, operates from its registered office in New Delhi and maintains comprehensive registration numbers across various SEBI categories, ensuring full regulatory compliance for transfer agent services.

Historical Stock Returns for Galaxy Bearings

1 Day5 Days1 Month6 Months1 Year5 Years
-1.44%+2.81%0.0%-42.97%-32.61%+137.99%

What underlying issues might be causing Galaxy Bearings to reject 100% of dematerialisation requests, and how could this impact investor confidence?

Will SEBI's new regulatory framework lead to stricter penalties for companies with consistently high rejection rates for securities transfers?

How might Galaxy Bearings' transfer processing challenges affect its stock liquidity and trading volumes in upcoming quarters?

Galaxy Bearings Limited Publishes SEBI Special Window Notice for Physical Securities Transfer

2 min read     Updated on 06 Apr 2026, 03:08 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Galaxy Bearings Limited published a public notice on April 4, 2026, in Western Times newspapers regarding SEBI's special window for transfer and dematerialisation of physical securities. The special window, open from February 5, 2026, to February 4, 2027, allows investors with transfer deeds executed prior to April 1, 2019, to submit requests through registrar Alankit Assignments Limited. Transferred securities will be credited in dematerialised form with a one-year lock-in period as per SEBI guidelines.

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Galaxy Bearings Limited has fulfilled its regulatory obligations by publishing a public notice regarding SEBI's special window for transfer and dematerialisation of physical securities. The company informed BSE Limited about the newspaper publication through an official intimation dated April 6, 2026.

Regulatory Compliance Details

The publication was made pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, titled "Ease of Doing Investment – Special Window for Transfer and Dematerialisation of Physical Securities". The company published the notice to comply with SEBI's requirement to publicize the opening of the special window.

Publication Details: Information
Publication Date: Saturday, April 4, 2026
Newspapers: Western Times (English)
Western Times (Gujarati)
Regulatory Reference: Galaxy Bearings Limited (Scrip Code: 526073; Scrip ID: GALXBRG)

Special Window Framework

The special window provides a one-year opportunity for investors to transfer and dematerialise physical securities where transfer deeds were executed prior to April 1, 2019. This initiative aims to ease investment processes and bring physical securities into the dematerialised system.

Special Window Timeline: Details
Window Period: February 5, 2026 to February 4, 2027
Eligible Cases: Fresh lodgement cases
Previously rejected/returned transfer requests
Transfer Deed Requirement: Executed prior to April 1, 2019

Process and Requirements

Eligible investors can submit their transfer and dematerialisation requests to the company's Registrar to an Issue and Share Transfer Agent, M/s Alankit Assignments Limited. The registrar will process requests along with requisite documents as prescribed under the SEBI circular.

Key conditions for transferred securities:

  • Securities will be credited only in dematerialised form
  • Subject to a lock-in period of one year from the date of registration of transfer
  • Must comply with SEBI guidelines throughout the process

Registrar Contact Information

Investors can reach the appointed registrar for assistance with their transfer requests:

Registrar Details: Information
Name: Alankit Assignments Limited
Address: 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi – 110055
Telephone: 011-4254 1234
Email: rta@alankit.com
Website: https://alankitassignments.com

The company has made detailed guidelines available on its website at www.galaxybearings.com for shareholders' reference. This notice serves to inform shareholders about the special window opportunity and ensures compliance with SEBI regulations for transparent investor communication.

Historical Stock Returns for Galaxy Bearings

1 Day5 Days1 Month6 Months1 Year5 Years
-1.44%+2.81%0.0%-42.97%-32.61%+137.99%

How might the one-year lock-in period for transferred securities impact Galaxy Bearings' stock liquidity and trading volumes?

What percentage of Galaxy Bearings' total shareholding remains in physical form and could potentially be dematerialized through this window?

Will SEBI extend or introduce similar special windows beyond February 2027 if uptake is significant across listed companies?

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1 Year Returns:-32.61%