Greenlam Industries Re-opens Special Window for Physical Share Transfer Requests

1 min read     Updated on 03 Apr 2026, 01:13 PM
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Radhika SScanX News Team
AI Summary

Greenlam Industries Limited has re-opened a special window from February 05, 2026 to February 04, 2027 for re-lodgement of transfer requests for physical shares sold/purchased before April 01, 2019, following SEBI directive. The facility addresses previously rejected or unprocessed transfer requests, with transferred shares to be credited in demat mode only and subject to one-year lock-in period.

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Greenlam Industries Limited has announced the re-opening of a special window for re-lodgement of transfer requests for physical shares, providing shareholders with an opportunity to complete previously unsuccessful transfer processes.

SEBI Directive Implementation

Pursuant to SEBI Circular HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, the company has established this special facility to address transfer requests that were previously rejected or not processed. The initiative aims to facilitate the transfer and dematerialization of physical securities for eligible shareholders.

Special Window Details

Parameter: Details
Validity Period: February 05, 2026 to February 04, 2027
Duration: One year
Eligible Securities: Physical shares sold/purchased prior to April 01, 2019
Transfer Mode: Dematerialized form only
Lock-in Period: One year from transfer registration date

Eligibility Criteria

The special window applies specifically to physical securities that meet the following conditions:

  • Securities sold or purchased prior to April 01, 2019
  • Transfer requests previously rejected, returned, or not attended to by the Company or its Registrar and Share Transfer Agent
  • Rejections due to deficiencies in documents, processes, or other issues

Transfer Process and Restrictions

Shares transferred under this special window will be subject to specific conditions. All transferred securities must be credited to the transferee exclusively in dematerialized mode. Additionally, these securities will remain under a mandatory lock-in period of one year from the date of transfer registration.

During the lock-in period, the transferred securities cannot be:

  • Further transferred to other parties
  • Lien-marked for any purpose
  • Pledged as collateral

Application Process

Eligible shareholders can submit their requests along with requisite documents to the Company's Registrar & Transfer Agent, MUFG Intime India Private Limited (formerly Link Intime India Private Limited). Applications should be sent via email to delhi@in.mpms.mufg.com .

Additional Shareholder Advisory

The company has reminded shareholders to claim their unclaimed dividends promptly. As per regulatory norms, if dividends remain unclaimed for seven years, both the dividend amount and corresponding shares will be transferred to the Investor Education & Protection Fund Authority (IEPFA).

This notice is accessible on the company's website at www.greenlamindustries.com , as well as on stock exchange websites www.nseindia.com and www.bseindia.com for shareholder reference.

Historical Stock Returns for Greenlam Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.68%+3.30%+4.76%-14.65%+0.51%+128.29%

Will other companies follow Greenlam's lead in implementing similar special windows for physical share transfers under SEBI's new directive?

How might the one-year lock-in period impact Greenlam's stock liquidity and trading volumes during 2026-2027?

What percentage of Greenlam's total shareholding is expected to transition from physical to dematerialized form through this initiative?

Income Tax Department Conducts Search at Greenlam Industries' Office and Manufacturing Units

1 min read     Updated on 02 Mar 2026, 11:04 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Greenlam Industries Limited informed stock exchanges that the Income Tax Department conducted a search operation under the Income Tax Act, 1961 at its registered office, subsidiary Greenlam Limited, and two manufacturing units. The company fully cooperated with IT officials and provided all requested clarifications while maintaining normal business operations without disruption. Greenlam Industries has committed to comply with legal obligations for further disclosures if required.

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Greenlam Industries Limited has notified stock exchanges about a search operation conducted by the Income Tax Department at its facilities under Regulation 30 of SEBI listing regulations.

Search Operation Details

The Income Tax Department conducted the search under provisions of the Income Tax Act, 1961 across multiple locations of the company. The operation covered the following facilities:

Location Type: Details
Registered Office: Company's main office
Subsidiary Office: Greenlam Limited
Manufacturing Units: Two production facilities

Company's Response and Cooperation

Greenlam Industries emphasized its full cooperation with the Income Tax officials throughout the search process. The company provided comprehensive responses to all clarifications and details sought by the department officials. This cooperative approach demonstrates the company's commitment to regulatory compliance and transparency.

Business Operations Continuity

Despite the search operation, the company maintained normal business operations without any disruption. This continuity indicates that the search did not impact the day-to-day manufacturing and commercial activities of Greenlam Industries.

Regulatory Compliance and Future Disclosures

The company has assured stakeholders of its commitment to comply with all legal obligations. Greenlam Industries stated that it will make further disclosures regarding this matter if required by regulatory authorities. This commitment aligns with the company's obligations under SEBI listing regulations and maintains transparency with investors and stakeholders.

The notification was signed by Prakash Kumar Biswal, Company Secretary and Senior Vice President-Legal, and communicated to both BSE and NSE as per regulatory requirements.

Historical Stock Returns for Greenlam Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.68%+3.30%+4.76%-14.65%+0.51%+128.29%

More News on Greenlam Industries

1 Year Returns:+0.51%