Gujarat Industries Power Company Limited has announced the opening of a special window for transfer and dematerialization of physical securities, providing shareholders with an opportunity to complete previously incomplete share transfer processes. The company published official notices in leading newspapers on March 21, 2026, informing stakeholders about this important facility.

Special Window Details

The special window has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026. This facility allows for re-lodgement of transfer deeds of physical shares that were lodged before April 01, 2019 but were rejected, returned, or not attended due to deficiencies in documentation, process, or other reasons.

Key Terms and Conditions

All re-lodged shares through this special window will be issued exclusively in dematerialized (demat) form. The shares will be subject to specific restrictions during the initial period following transfer registration.

Important conditions include:

• Shares will be under lock-in for one year from the date of registration of transfer
• During the lock-in period, shares cannot be transferred, lien-marked, or pledged
• The facility covers transfer requests irrespective of whether they were originally lodged before April 01, 2019

Shareholder Support and Communication

The company has established multiple channels for shareholder assistance during this process. Shareholders can access detailed information through the company's official website at the dedicated weblink for special window notifications.

Regulatory Compliance

The announcement was made in compliance with Regulation 47 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer CS Shalin Patel signed the official communication to stock exchanges on March 21, 2026.

The notices were published in Financial Express (All India Edition - English) and Loksatta Jansatta (Vadodara Edition - Gujarati), ensuring wide dissemination of information to shareholders across different regions and language preferences. The company has submitted copies of the published notices to both BSE Limited and National Stock Exchange of India Limited as per regulatory requirements.

Gujarat Industries Power Company Limited has announced a key change in its senior management structure, focusing on its renewable energy operations. The company has designated Shri Jitendra Singh Ranawat, Chief General Manager (RE), for expanded responsibilities in the renewable energy division.

Management Designation Details

The company has made a strategic appointment to strengthen its renewable energy business operations. The following table outlines the key details of this management change:

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the required disclosures as prescribed under SEBI Listing Regulations, following the guidelines outlined in SEBI circular SEBI/HO/CFD/CFD-PoD2/CIR/P/0155 dated November 11, 2024.

Strategic Implications

This management restructuring demonstrates the company's commitment to its renewable energy segment. By appointing a dedicated Head of Management for the Renewable Energy Business, Gujarat Industries Power Company Limited is positioning itself to better manage and expand its clean energy operations across Gujarat.

The dual role assignment, encompassing both business management and factory operations oversight, ensures comprehensive leadership for the company's renewable energy initiatives. This consolidated approach under Ranawat's leadership is expected to streamline operations across all renewable energy sites in the state.