JSW Holdings Notifies Shareholders of Special Window for Transfer and Dematerialisation of Physical Securities

2 min read     Updated on 09 May 2026, 10:02 AM
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Riya DScanX News Team
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JSW Holdings Limited has notified shareholders of a SEBI-mandated special window for the transfer and dematerialisation of physical securities, open from February 05, 2026 to February 04, 2027, pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026. The facility covers securities sold or purchased prior to April 01, 2019, with shares to be credited only in demat mode and subject to a mandatory one-year lock-in period. The notice was published on May 08, 2026 in Financial Express (English) and Mumbai Lakshadweep (Marathi), and was signed by Company Secretary Akshat Chechani.

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JSW Holdings Limited has notified its shareholders of a special window for the transfer and dematerialisation of physical securities, in compliance with a directive issued by the Securities and Exchange Board of India. The notice, published on May 08, 2026 in Financial Express (English) and Mumbai Lakshadweep (Marathi), was filed with the stock exchanges under Regulation 30 read with Part A of Schedule III and Regulation 47 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Special Window for Physical Securities

The special window has been opened pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026. The facility is available for a period of one year and is designed to facilitate the transfer and dematerialisation of physical securities that were sold or purchased prior to April 01, 2019. The key details of the window are summarised below:

Parameter: Details
SEBI Circular Reference: HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026
Window Open Date: February 05, 2026
Window Close Date: February 04, 2027
Duration: One year
Applicable Cut-off for Original Transactions: Prior to April 01, 2019
Publication Date: May 08, 2026
Newspapers Published In: Financial Express (English) and Mumbai Lakshadweep (Marathi)

Eligibility Criteria

The special window is applicable in the following cases:

  • Where original share transfer requests were not lodged prior to April 01, 2019, and the shareholder is holding the original share certificate.
  • Where original share transfer requests were lodged prior to April 01, 2019, but were rejected, returned, or not attended to due to deficiency in documents, process, or otherwise, and the shareholder is holding the original share certificate.

Process and Conditions

Shareholders are encouraged to utilise this facility by furnishing the necessary documents to the Registrar and Transfer Agent, KFIN Technologies Limited (Unit: JSW Holdings Ltd.), Selenium Building, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi, Telangana, India - 500 032. Shareholders may reach KFIN Technologies via email at einward.rs@kfinstech.com or on Toll Free No. 1800 309 4001.

Shares processed under this window will be credited to the transferee only in demat mode. Additionally, the transferred securities will be subject to a mandatory lock-in period of one year from the date of registration of transfer. During this lock-in period, the securities will not be eligible for transfer, lien marking, or pledging.

Regulatory Filing Details

The disclosure was made further to the company's earlier communication dated March 06, 2026. The intimation has also been made available on the company's website. The filing was signed by Akshat Chechani, Company Secretary and Compliance Officer, on May 08, 2026.

Historical Stock Returns for JSW Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
-0.06%+4.77%+9.07%-23.81%-44.00%+197.02%

How many JSW Holdings shareholders are estimated to still hold physical securities eligible for this window, and what is the total value of unclaimed or untransferred shares?

What penalties or restrictions might shareholders face if they fail to dematerialise their physical securities before the February 04, 2027 deadline?

Could the mandatory one-year lock-in period on transferred securities impact trading volumes or liquidity in JSW Holdings stock post-window closure?

JSW Holdings Limited Receives ESG Score of 60 for FY2025 from NSE Sustainability Ratings and Analytics

4 min read     Updated on 08 May 2026, 06:46 AM
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JSW Holdings Limited has been assigned an ESG score of 60 for FY2025 by NSE Sustainability Ratings and Analytics Limited, placed in the 'Adequate' category. Pillar scores stand at 21 for Environment (22% weightage), 68 for Social (36% weightage), and 72 for Governance (42% weightage), with a Core ESG Rating of 47 comprising Environment score of 0, Social Score of 64, and Governance Score of 56.

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JSW Holdings Limited has been assigned an ESG score of 60 for FY2025 by NSE Sustainability Ratings and Analytics Limited (NSE Sustainability), a SEBI-registered ESG Rating Provider. The company disclosed this development to the stock exchanges on May 07, 2026, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was received by the company on Thursday, May 07, 2026, at 14:31 Hrs (IST). JSW Holdings clarified that it had not engaged NSE Sustainability for this rating action, and the rating was determined independently.

Overall ESG Performance

The FY2025 ESG score of 60 reflects a marginal decline from the FY2024 ESG rating of 61. The overall rating places JSW Holdings in the 'Adequate' category under NSE Sustainability's classification framework, which applies to companies in the next 35th percentile band and is described as maintaining adequate ESG credentials with modest but positive efforts. The following table summarises the key ESG scores across pillars:

Metric: FY2025 FY2024
Overall ESG Rating: 60 61
Environment Score: 21 —
Social Score: 68 —
Governance Score: 72 —
Rating Category: Adequate —

The weightages assigned to each pillar reflect the materiality assessment conducted by NSE Sustainability for the financial services sector, as detailed below:

Pillar: Weightage Score
Environment: 22% 21
Social: 36% 68
Governance: 42% 72

Pillar-Wise Key Drivers

Environment Score: 21

The Environment pillar received the lowest score among the three pillars. Key factors cited by NSE Sustainability include:

  • Scope 1 & Scope 2 emissions intensity is not revealed
  • No information is provided on Scope 3 emissions intensity
  • Water intensity performance is not transparent
  • Energy intensity performance is not stated
  • Energy usage from renewable sources is not mentioned by the company
  • Waste intensity performance data is not available
  • The company does not disclose waste recycled/recovered

Social Score: 68

The Social pillar score of 68 was supported by several positive indicators alongside areas of concern:

  • Zero fatalities were reported for workers in the assessment year
  • Permanent employees' health insurance coverage is at par with industry norms
  • The frequency of customer complaints is lower than the benchmarks
  • The organization is receiving a lower number of grievances from its employees and workers
  • Women are underrepresented in the organization compared to industry standards
  • The company is experiencing higher-than-average turnover among permanent employees
  • The organization's domestic procurement rate is lower than industry standards

Governance Score: 72

The Governance pillar recorded the highest score among the three pillars, driven by strong board composition and committee structures:

  • The board composition shows a stronger presence of independent directors than the minimum required by regulations
  • The company has fulfilled the regulatory requirement for having a sufficient number of women on its board
  • The percentage of independent directors in the Nomination and Remuneration Committee is better than compliance requirements
  • The Audit Committee's independent director representation is better than statutory guidelines
  • The Risk Management Committee meets the required threshold of independent directors
  • The percentage of independent directors in the CSR Committee is better than regulatory requirements

Core ESG Rating for FY2025

In addition to the overall ESG rating, NSE Sustainability has also assigned a Core ESG Rating for FY2025, which is grounded in third-party assured or audited data derived specifically from BRSR Core disclosures. The Core ESG Rating provides a focused evaluation based on verified data to ensure consistency and comparability. For FY2025, JSW Holdings achieved a Core Rating of 47, comprising an Environment score of 0, a Social Score of 64, and a Governance Score of 56.

Core ESG Metric: FY2025 Score
Core ESG Rating: 47
Core Environment Score: 0
Core Social Score: 64
Core Governance Score: 56

About the Rating Methodology

NSE Sustainability's ESG ratings are normalized on a scale of 0 to 100, enabling cross-company and cross-industry comparisons. The methodology draws on data from public sources including Annual Reports, ESG Reports, BRSR reports, company websites, news, and stock exchange filings. Ratings are assessed across five criteria — Performance, Compliance, Policy, Initiatives, and Best Practice — with weightages determined through a materiality assessment that identifies the most significant ESG themes for a company within its specific industry context. The ESG rating is also adjusted based on the number, severity, and frequency of negative events or allegations related to ESG practices, with a controversy score used to discount the raw ESG rating accordingly. The full ESG report has been made available on JSW Holdings' website at www.jswholdings.in .

Historical Stock Returns for JSW Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
-0.06%+4.77%+9.07%-23.81%-44.00%+197.02%

Will JSW Holdings proactively engage with NSE Sustainability to improve its Environment score by disclosing Scope 1, 2, and 3 emissions data in its FY2026 BRSR filings?

How might JSW Holdings' Core ESG Environment score of 0 impact its ability to attract ESG-focused institutional investors or green financing in the near term?

Could the declining ESG trend from 61 in FY2024 to 60 in FY2025 trigger a reassessment of JSW Holdings' inclusion in sustainability-linked indices or ESG-screened portfolios?

More News on JSW Holdings

1 Year Returns:-44.00%