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

































