Jagsonpal Services Publishes Physical Share Transfer Notice Under SEBI Rules

1 min read     Updated on 09 Apr 2026, 02:14 AM
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AI Summary

Jagsonpal Services Limited published a newspaper notice on April 8, 2026, regarding the special window for physical share transfers under SEBI circular dated January 30, 2026. This follows the company's earlier Q4FY26 compliance certificate filing, demonstrating continued regulatory adherence.

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Jagsonpal Services Limited has published a newspaper notice regarding the special window for re-lodgment of transfer requests of physical shares, following its earlier Q4FY26 SEBI compliance certificate submission. The company issued the notice pursuant to SEBI circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026.

Newspaper Publication Details

The notice was published on April 8, 2026, in Financial Express (English) and Mumbai Lakshdeep (Marathi) newspapers. Chairman and Managing Director Karthik Srinivasan digitally signed the communication to BSE Limited, confirming the publication of the special window notice.

Publication Details: Information
Publication Date: April 8, 2026
English Newspaper: Financial Express
Regional Newspaper: Mumbai Lakshdeep (Marathi)
SEBI Circular Reference: HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026
Circular Date: January 30, 2026
Signatory: Karthik Srinivasan, CMD & CFO

Special Window for Physical Shares

The special window allows re-lodgment of transfer and dematerialization requests for physical securities sold or purchased prior to April 1, 2019. This facility is available for one year from February 5, 2026, to February 4, 2027, providing investors an opportunity to complete pending transfer processes.

Key Features of Special Window

Under this facility, shares will be mandatorily credited to transferees only in demat mode and remain under lock-in for one year from the registration date. During the lock-in period, these securities cannot be transferred, lien-marked, or pledged.

Previous Compliance Filing

The company had earlier submitted its quarterly compliance certificate to BSE Limited for Q4FY26, covering the quarter ended March 31, 2026. The certificate was filed on April 7, 2026, under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

Previous Filing Details: Information
Filing Date: April 7, 2026
Quarter Covered: Q4FY26 (January-March 2026)
Regulation: SEBI Regulation 74(5)
Registrar: Mas Services Limited
Registrar Confirmation Date: April 2, 2026

Mas Services Limited, serving as the company's Registrar and Share Transfer Agent, had confirmed adherence to all regulatory timelines for dematerialization processes during the January-March 2026 period. The registrar operates from its registered office in Okhla Industrial Area, New Delhi.

Both filings demonstrate Jagsonpal Services Limited's commitment to regulatory compliance and transparency in share transfer and dematerialization processes for stakeholders and regulatory authorities.

Historical Stock Returns for Jagsonpal Services

1 Day5 Days1 Month6 Months1 Year5 Years
-4.59%-1.45%-5.15%-34.22%+31.51%+4,395.76%

How will the one-year lock-in period for dematerialized shares impact Jagsonpal Services' trading liquidity and share price volatility?

What percentage of Jagsonpal Services' total shareholding remains in physical form and could potentially be affected by this special window facility?

Will other listed companies face similar SEBI mandates for physical share transfers, and how might this reshape India's securities market structure?

Jagsonpal Services Reports Q3FY26 Loss of ₹164.60 Lakhs, Appoints New CTO

2 min read     Updated on 14 Feb 2026, 02:23 AM
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Jagsonpal Services Limited faced significant financial challenges in Q3FY26 with net losses increasing to ₹164.60 lakhs from ₹12.24 lakhs in the previous year, driven by substantial expense increases across rent, legal fees, and employee benefits. To strengthen its technology operations, the company appointed experienced technology executive Mr. Dhiraj Saxena as Chief Technology Officer, bringing 27 years of expertise in digital transformation and fintech systems.

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Jagsonpal Services Limited reported challenging financial results for the quarter ended December 31, 2025, with a significant increase in net losses compared to the previous year. The company also announced a key leadership appointment to strengthen its technology operations.

Financial Performance Overview

The company's financial performance showed considerable deterioration during Q3FY26. Total income remained modest at ₹10.51 lakhs, comprising entirely of other income, while revenue from operations was nil during the quarter.

Financial Metric: Q3FY26 Q3FY25 Change
Total Income: ₹10.51 lakhs ₹0.00 lakhs -
Total Expenses: ₹171.29 lakhs ₹12.24 lakhs +1,299%
Net Loss: ₹164.60 lakhs ₹12.24 lakhs +1,245%
Basic EPS: (₹0.90) (₹0.22) -

Expense Analysis

The company witnessed a substantial increase in operational expenses across multiple categories. Employee benefit expenses rose dramatically to ₹16.27 lakhs from ₹0.58 lakhs in Q3FY25. Rent expenses emerged as the largest cost component at ₹65.02 lakhs, while legal and professional fees increased significantly to ₹46.93 lakhs.

Expense Category: Q3FY26 Q3FY25
Employee Benefits: ₹16.27 lakhs ₹0.58 lakhs
Rent Expense: ₹65.02 lakhs ₹0.00 lakhs
Legal & Professional Fees: ₹46.93 lakhs ₹0.00 lakhs
Depreciation: ₹17.33 lakhs ₹0.00 lakhs
Other Expenses: ₹25.74 lakhs ₹11.65 lakhs

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company reported total income of ₹35.61 lakhs against total expenses of ₹401.55 lakhs, resulting in a net loss of ₹370.37 lakhs. This represents a significant decline from the previous year's nine-month profit of ₹4.95 lakhs.

Leadership Appointment

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Dhiraj Saxena as Chief Technology Officer effective February 18, 2026. The appointment was disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Appointment Details: Information
Position: Chief Technology Officer (CTO)
Effective Date: February 18, 2026
Experience: 27 years in Technology & Digital Transformation
Previous Role: EVP & CTO at Poonawalla Fincorp Limited
Education: Executive MBA, MCA, B.Sc. (Mathematics)

Mr. Saxena brings extensive experience in technology strategy, digital platforms, ERP implementation, cybersecurity, and infrastructure management to his new role. He holds an Executive MBA in Financial Markets from ITM, Navi Mumbai, an MCA and a B.Sc. (Mathematics) from Maharaja Sayajirao University, Vadodara.

Corporate Updates

The company completed its registered office relocation from New Delhi to Mumbai, with the new address at Office No. 2, B Wing, 4th Floor, Connkt, Silver Utopia, Chakala, Andheri East, Mumbai, effective December 12, 2025. The company continues to operate in the software/IT projects segment, including product development and applications.

Historical Stock Returns for Jagsonpal Services

1 Day5 Days1 Month6 Months1 Year5 Years
-4.59%-1.45%-5.15%-34.22%+31.51%+4,395.76%

More News on Jagsonpal Services

1 Year Returns:+31.51%