Gujarat State Fertilizers Opens Special Window for Physical Share Transfer Till 2027
Gujarat State Fertilizers & Chemicals has announced a special window for shareholders to transfer and dematerialize physical shares sold or purchased before April 1, 2019, valid until February 4, 2027. The initiative follows SEBI's regulatory circular and requires original certificates with supporting documents, with transferred securities subject to a one-year lock-in period in demat mode.

*this image is generated using AI for illustrative purposes only.
Gujarat State Fertilizers & Chemicals has announced the opening of a special window for transfer and dematerialization of physical shares, following SEBI's regulatory directive. This development comes as the company continues its strategic initiatives in the fertiliser sector, including its significant stake in the Canadian Karnalyte Potash Project.
SEBI Regulatory Compliance Initiative
Following SEBI Circular No. SEBI/HO/38/13/11/2/2026-MIRSD-PoD/13750/2026 dated January 30, 2026, Gujarat State Fertilizers & Chemicals has opened a special window for shareholders to transfer and dematerialize physical shares that were sold or purchased prior to April 1, 2019. The special window will remain operational until February 4, 2027.
| Parameter: | Details |
|---|---|
| Window Duration: | Till February 4, 2027 |
| Applicable Shares: | Sold/purchased before April 1, 2019 |
| Lock-in Period: | One year from transfer registration |
| Transfer Mode: | Mandatory demat credit only |
Eligibility and Process Requirements
The company has outlined specific eligibility criteria for shareholders seeking to utilize this special window. Only requests accompanied by original certificates, transfer deeds, and relevant supporting documents will be considered. The transferred securities will be mandatorily credited to the transferee in demat mode and will be subject to a one-year lock-in period from the date of registration.
| Execution Date: | Lodged Before April 2019: | Original Certificate: | Window Eligible: |
|---|---|---|---|
| Before April 1, 2019 | No (Fresh lodgement) | Yes | Yes |
| Before April 1, 2019 | Yes (Previously rejected) | Yes | Yes |
| Before April 1, 2019 | Yes | No | No |
| Before April 1, 2019 | No | No | No |
Strategic Context and Operations
This regulatory compliance initiative comes as Gujarat State Fertilizers & Chemicals maintains its strategic positioning in the fertiliser sector. The company holds a commanding 47.73% stake in the Karnalyte Potash Project located in Saskatchewan, Canada, through which India seeks to secure 44% of the project's output to strengthen its fertiliser supply chain.
Contact Information for Shareholders
Shareholders requiring assistance with the transfer process can contact the company directly at its Fertilizernagar facility in Vadodara or reach out to the Registrar and Transfer Agent, MUFG Intime India Pvt. Ltd. The company has emphasized that cases involving disputes between transferor and transferee will not be considered under this window and must be resolved through court or NCLT processes.
Historical Stock Returns for Gujarat State Fertilizers & Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.96% | -3.90% | -13.87% | -26.90% | -19.22% | +70.22% |


































