Havells India Limited has announced a special window for shareholders to transfer and dematerialize their physical shares, following recent regulatory guidelines from the Securities and Exchange Board of India (SEBI).

Special Window Details

The company has opened a special window from February 5, 2026 to February 4, 2027, specifically for the transfer and dematerialization of physical securities that were sold or purchased prior to April 1, 2019. This initiative follows SEBI's circular dated January 30, 2026.

Documentation Requirements

Only requests that are accompanied by original share certificates along with transfer deeds and other supporting documents will be considered under this special window. The company has emphasized that all required documentation must be complete and original for processing.

Transfer Process and Restrictions

The shares transferred under this special window will be mandatorily credited to the transferee's demat account only. These shares will remain under lock-in for a period of one year from the date of registration of transfer.

During the lock-in period, the transferred shares will be subject to specific restrictions:

• Cannot be transferred to another party
• Cannot be lien-marked
• Cannot be pledged as collateral

Contact Information for Shareholders

Eligible shareholders can submit their requests to the company's Registrar and Transfer Agent (RTA), MUFG Intime India Private Limited, within the specified window period.

Additional Resources

For comprehensive details regarding this special window, shareholders are advised to refer to the SEBI circular dated January 30, 2026. This circular is also available on the company's official website at www.havells.com in the SEBI Circulars section under the Shareholders Corner of the Investors tab.

The company has published this notice in leading newspapers including Economic Times (English) and Jansatta (Hindi) editions on March 26, 2026, ensuring wide dissemination of this important information to shareholders.

Havells India Limited has disclosed to stock exchanges that it received a customs order demanding Rs 2.02 crore related to classification of imported goods. The company informed both NSE and BSE about this regulatory development under SEBI listing obligations on March 20, 2026.

Customs Order Details

The Commissioner of Customs, ICD TKD-Import, New Delhi issued the order dated March 13, 2026, covering the period from May 2020 to July 2023. The demand breakdown shows equal components of customs duty and penalty.

The order specifically addresses classification issues related to certain imported goods during the specified period. Havells received the order on March 20, 2026, and has disclosed the matter in compliance with Regulation 30 of SEBI LODR requirements.

Company's Response and Legal Position

Havells has indicated it will contest the customs demand through proper legal channels. The company, after consulting with its tax advisor, maintains that the demand raised in the order is not sustainable in law. Management plans to file an appeal against the order under applicable provisions of the Customs Act.

Financial and Operational Impact

The company has assessed that this customs order will not materially impact its financial position, operations, or other business activities. This assessment comes despite the substantial demand amount of over Rs 2.02 crore, suggesting confidence in the legal challenge's prospects.

Regulatory Compliance

The disclosure follows mandatory requirements under SEBI listing regulations, specifically Regulation 30 and sub-para 20 of Para A of Part A of Schedule III of SEBI LODR. The company provided comprehensive details including the nature of violations alleged, receipt dates, and potential business impact as required by regulatory frameworks.

Company Secretary Sanjay Kumar Gupta signed the disclosure document, ensuring proper corporate governance protocols were followed in communicating this development to stakeholders and regulatory authorities.