Jindal Steel Limited Opens Special Window for Physical Share Transfer and Dematerialisation

1 min read     Updated on 15 Apr 2026, 04:33 PM
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AI Summary

Jindal Steel Limited has opened a special window from February 5, 2026 to February 4, 2027 for transfer and dematerialisation of physical securities, following SEBI Circular dated January 30, 2026. The facility addresses previously rejected or unprocessed transfer requests prior to April 1, 2019, with securities to be issued only in demat mode subject to one-year lock-in period.

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Jindal Steel Limited (formerly known as Jindal Steel & Power Limited) has announced the opening of a special window for the transfer and dematerialisation of physical securities. The announcement comes in compliance with SEBI Circular No. HO/38/13/11(2)2026-MIRSDPOD/I/3750/2026 dated January 30, 2026.

Special Window Details

The special window will facilitate shareholders whose physical securities were previously affected by various issues. The company has provided specific details about the window's operation and eligibility criteria.

Parameter: Details
Window Period: February 5, 2026 to February 4, 2027
Duration: One year
Purpose: Transfer and dematerialisation of physical securities
Regulatory Authority: SEBI

Eligibility Criteria

The special window is designed to address specific categories of physical securities that faced processing issues. Eligible securities include those that were:

  • Previously rejected due to deficiencies in documentation
  • Returned due to procedural issues
  • Remained unprocessed for other reasons prior to April 1, 2019

Processing Requirements

Shareholders seeking to utilise this facility must meet certain documentation requirements. The transferred securities will be subject to specific conditions upon processing.

Requirement: Details
Issuance Mode: Demat mode only
Lock-in Period: One year from registration date
Transfer Deed Date: Must be executed prior to April 1, 2019
Documentation: Original share certificates required

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Jindal Steel Limited has notified both BSE Limited and National Stock Exchange of India Limited about this development.

The notification was signed by Damodar Mittal, Wholetime Director of Jindal Steel Limited, and includes the company's commitment to facilitating shareholder services through this special window arrangement.

Publication and Accessibility

To ensure widespread awareness among shareholders, the company has published advertisements in leading newspapers including Haribhoomi (Hindi) and Financial Express (English). The information is also available on the company's official website at www.jindalsteel.in , providing shareholders with multiple channels to access details about the special window facility.

Will other steel companies follow Jindal Steel's approach and open similar special windows for their affected physical securities?

How might the one-year lock-in period for converted shares impact Jindal Steel's trading liquidity and share price volatility?

Could SEBI extend or replicate this special window framework for other listed companies facing similar physical securities issues?

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Jindal Steel Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 08 Apr 2026, 06:32 PM
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AI Summary

Jindal Steel Limited filed its mandatory SEBI compliance certificate for Q4FY26 on April 8, 2026, covering the quarter ended March 31, 2026. The certificate, issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, was submitted to BSE and NSE by Wholetime Director Damodar Mittal. Alankit Assignments Limited, the company's Registrar and Share Transfer Agent, provided the certificate on April 4, 2026, confirming proper dematerialization processes and regulatory compliance for the quarter.

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Jindal Steel Limited has submitted its quarterly compliance certificate under SEBI regulations to stock exchanges, marking another milestone in its regulatory adherence. The certificate pertains to the quarter ended March 31, 2026, and demonstrates the company's commitment to maintaining transparency and compliance with market regulations.

Regulatory Filing Details

The company filed the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 with both major stock exchanges on April 8, 2026. The submission was made by Damodar Mittal, Wholetime Director of Jindal Steel Limited, to ensure proper regulatory compliance.

Exchange Details: Information
BSE Scrip Code: 532286
NSE Symbol: JINDALSTEL
Filing Date: April 8, 2026
Quarter Ended: March 31, 2026

Certificate Verification Process

Alankit Assignments Limited, serving as the Registrar and Share Transfer Agent for Jindal Steel Limited, issued the compliance certificate on April 4, 2026. The certificate was signed by Kamal Garg, General Manager at Alankit Assignments Limited, confirming adherence to regulatory requirements.

The certification process involved verification of the following key aspects:

  • Securities comprised in certificates have been listed on stock exchanges
  • Physical certificates have been duly verified, mutilated, and cancelled
  • Depository name has been substituted in records as the registered owner

Company Information

Jindal Steel Limited, formerly known as Jindal Steel & Power Limited, operates with its corporate office located at Jindal Centre, 12 Bhikaji Cama Place, New Delhi. The company's registered office is situated at O.P. Jindal Marg, Hisar, Haryana.

Corporate Details: Information
CIN Number: L27105HR1979PLC009913
Corporate Office: New Delhi
Registered Office: Hisar, Haryana
Contact: +91 11 4146 2400

Regulatory Significance

The SEBI Regulation 74(5) certificate serves as a crucial compliance document that ensures proper handling of dematerialization processes for physical share certificates. This quarterly filing demonstrates the company's adherence to depositories regulations and maintains investor confidence through transparent reporting mechanisms. The involvement of Alankit Assignments Limited as the registered transfer agent adds an additional layer of verification to the compliance process, ensuring all regulatory requirements are met systematically.

How might Jindal Steel's consistent regulatory compliance impact its credit rating and borrowing costs in the upcoming fiscal year?

What operational or financial challenges could affect Jindal Steel's ability to maintain this level of regulatory adherence in future quarters?

Will the company's strong compliance record influence institutional investor allocation decisions during the next investment cycle?

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