Geecee Ventures opens special window for share dematerialisation

0 min read     Updated on 06 Jun 2026, 01:04 PM
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Geecee Ventures Limited has announced a special window for the transfer and dematerialisation of physical securities, following a SEBI circular dated January 30, 2026. The notice was published in English and Marathi newspapers on June 05, 2026. Information is available on the company's website.

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Geecee Ventures Limited has initiated a special window to facilitate the transfer and dematerialisation of physical securities held by its shareholders. This measure aims to streamline the holding of securities in dematerialised form, ensuring compliance with regulatory standards and ease of trading for investors.

The announcement references SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/ 1/3750/2026 dated January 30, 2026. The company has informed the exchanges that extracts of the newspaper publications regarding this special window were released on Friday, June 05, 2026.

The notices were published in Business Standard in English and Pratahkal in Marathi to reach a broader investor base. This communication ensures that shareholders holding physical share certificates are aware of the opportunity to convert them to electronic form.

Publication Details

The company provided the following details regarding the dissemination of information:

Publication Language Date of Publication
Business Standard English June 05, 2026
Pratahkal Marathi June 05, 2026

Shareholders can access the information and relevant extracts on the official website of Geecee Ventures Limited at www.geeceventures.com . The company has requested the stock exchanges to take the information on record.

Historical Stock Returns for GeeCee Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%+3.02%+9.16%-6.71%-16.35%+177.53%

What penalties or restrictions will shareholders face if they fail to dematerialize their physical shares within this special window?

How will Geecee Ventures handle potential discrepancies or disputes arising during the conversion of physical share certificates to electronic form?

Could this dematerialization drive lead to a short-term increase in trading volume or liquidity for Geecee Ventures stock?

Geecee Ventures tax appeal dismissed, plans further challenge

1 min read     Updated on 05 Jun 2026, 03:01 AM
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Geecee Ventures reported that its appeal against a ₹19.22 crore tax demand for Assessment Year 2016-17 was dismissed by the Commissioner of Income Tax (Appeals) on June 03, 2026. The company plans to file a further appeal before the Income Tax Appellate Tribunal and does not expect a material adverse financial impact.

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Geecee Ventures disclosed on June 04, 2026, that its appeal against a tax demand of ₹19.22 crores for Assessment Year 2016-17 has been dismissed. The order, passed by the Commissioner of Income Tax (Appeals) on June 03, 2026, upholds the addition made by the Assessing Officer regarding dividend received claimed as exempt income. Despite the dismissal, the company stated it does not anticipate a material adverse impact on its financial position and intends to challenge the ruling further.

The dispute stems from an order dated May 11, 2023, where the Assessing Officer disallowed and added back dividend income amounting to ₹19.22 crores in the return of income for Financial Year 2015-16. Following the initial demand, Geecee Ventures had filed an appeal before the Commissioner of Income Tax (Appeals). The company received the dismissal order on June 03, 2026, at 03:35 p.m.

Planned Legal Recourse

Geecee Ventures plans to file a further appeal before the Income Tax Appellate Tribunal (ITAT) within the prescribed timelines. Management believes it has a reasonable case on merits regarding the tax treatment of the dividend income. The company affirmed its belief that the ongoing litigation will not result in a material financial impact.

Litigation Details

The disclosure was made to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing provided an update on the ongoing income tax proceedings as required by SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Sr. No. Particulars Details
1 Nature of Proceeding Income Tax Appeal regarding addition of ₹19.22 crores for AY 2016-17.
2 Current Status Appeal dismissed by Commissioner of Income Tax (Appeals) on June 03, 2026.
3 Next Step Company intends to file an appeal before the Income Tax Appellate Tribunal.
4 Financial Impact To the extent of the demand made; company expects no material adverse impact.

Historical Stock Returns for GeeCee Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-1.38%+3.02%+9.16%-6.71%-16.35%+177.53%

What is the likelihood of the Income Tax Appellate Tribunal overturning the Commissioner's ruling on the dividend income exemption?

How will the prolonged litigation affect Geecee Ventures' cash flow and liquidity in the upcoming fiscal quarters?

Could this tax dispute set a precedent for similar cases involving dividend income treatment in the sector?

More News on GeeCee Ventures

1 Year Returns:-16.35%