Kiran Vyapar Limited Opens Special Window for Physical Share Transfer and Dematerialisation

1 min read     Updated on 21 Mar 2026, 06:55 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Kiran Vyapar Limited has opened a special one-year window from February 05, 2026 to February 04, 2027 for transfer and dematerialisation of physical securities, following SEBI Circular dated January 30, 2026. The facility covers physical shares sold or purchased prior to April 01, 2019, including previously rejected transfer deeds due to documentation or procedural issues. Shareholders must submit requests through registrar Maheshwari Datamatics Private Limited, with all successful transfers to be completed in dematerialised form only.

powered bylight_fuzz_icon
35645124

*this image is generated using AI for illustrative purposes only.

Kiran vyapar Limited has issued a public notice announcing the establishment of a special window for shareholders to transfer and dematerialise their physical securities. This initiative follows the directive from SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, and represents a significant opportunity for shareholders holding physical certificates.

Special Window Timeline and Scope

The company has opened this special facility for a period of one year, providing shareholders with a defined timeframe to complete their transactions.

Parameter: Details
Window Period: February 05, 2026 to February 04, 2027
Duration: One year
Applicable Securities: Physical shares sold/purchased prior to April 01, 2019
Transfer Mode: Dematerialised form only

Eligible Securities and Transfer Deeds

The special window covers multiple categories of physical securities and transfer situations. Shareholders can utilise this facility for physical shares that were sold or purchased prior to April 01, 2019. Additionally, the facility extends to transfer deeds that were lodged prior to April 01, 2019 but faced processing issues.

The company has specifically included transfer deeds that were:

  • Rejected due to deficiencies in documentation
  • Returned for procedural requirements
  • Not processed for any other reason

Upon successful verification of these securities and transfer deeds, all shares will be transferred exclusively in dematerialised form, ensuring compliance with current market practices.

Processing and Contact Information

Shareholders seeking to avail this facility must submit their requests through the designated registrar and share transfer agent. The company has appointed Maheshwari Datamatics Private Limited to handle all processing requirements for this special window.

Contact Details: Information
Registrar: Maheshwari Datamatics Private Limited
Address: 23, R.N. Mukherjee Road, 5th Floor, Kolkata-700001, West Bengal
Email: contact@mdpincorporate.com

Regulatory Compliance and Documentation

The public notice was published on March 21, 2026, in Business Standard (English) and Ekdin (Bengali) newspapers, ensuring wide dissemination of information to shareholders. Company Secretary Pradip Kumar Ojha signed the official communication to BSE Limited, confirming the company's compliance with regulatory requirements.

Kiran Vyapar Limited, with CIN L51909WB1995PLC071730, maintains its registered office at 7, Munshi Premchand Sarani, Hastings, Kolkata-700022. The company operates under the LNB Group of Companies, with corporate address at Athiva, Plot No. C2, Sector-III, HUDA Techno Enclave, Madhapur, Hyderabad-500081, Telangana.

Historical Stock Returns for Kiran Vyapar

1 Day5 Days1 Month6 Months1 Year5 Years
+1.56%+0.90%-6.40%-22.73%-13.22%+82.11%

Will SEBI extend similar dematerialization windows to other companies with significant physical shareholdings after February 2027?

How might the conversion of legacy physical shares impact Kiran Vyapar's trading liquidity and market capitalization?

What happens to unclaimed physical shares that remain unconverted after the February 2027 deadline expires?

Kiran Vyapar Limited Acquires 0.681% Equity Stake in NBFC for INR 2.44 Crores

2 min read     Updated on 09 Feb 2026, 08:03 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Kiran Vyapar Limited executed a Share Subscription Agreement on February 9, 2026, to acquire 0.681% equity stake in Greshma Finvest Private Limited for INR 2,43,84,139 through cash consideration. GFPL, an NBFC incorporated in 2010, reported turnover of INR 5,07,16,145 and PAT of INR 36,84,067 for FY 2024-25. The strategic acquisition aims to enhance Kiran Vyapar's investment and financial services activities, with no regulatory approvals required and no related party transaction implications.

powered bylight_fuzz_icon
32193220

*this image is generated using AI for illustrative purposes only.

Kiran vyapar Limited has executed a Share Subscription Agreement to acquire a minority equity stake in Greshma Finvest Private Limited, marking a strategic expansion in the financial services sector. The transaction, formalized on February 9, 2026, represents the company's continued focus on enhancing its investment and financial services capabilities.

Acquisition Details

The Share Subscription Agreement involves the acquisition of 0.681% of the paid-up equity share capital in Greshma Finvest Private Limited (GFPL) for a total cash consideration not exceeding INR 2,43,84,139. The transaction is structured as a subscription-based acquisition, subject to completion of customary conditions mentioned in the agreement executed between Kiran Vyapar Limited, other investors, and GFPL.

Parameter: Details
Equity Stake: 0.681%
Consideration: INR 2,43,84,139
Nature: Cash Consideration
Transaction Date: February 9, 2026

Target Company Profile

Greshma Finvest Private Limited is an NBFC incorporated on October 12, 2010, under the Companies Act, 1956, with corporate identification number U65999MH2010PTC208887. The company operates from its registered office at 124, Viraj, 41-42, 4th Floor, S. V. Road, Khar (West), Mumbai, Maharashtra, 400052, India. GFPL has a paid-up share capital of INR 1,11,30,240 divided into 11,13,024 equity shares of Rs. 10 each.

Financial Performance

GFPL's financial performance for FY 2024-25 demonstrates stable operations in the NBFC sector:

Particulars: FY 2024-25 (INR)
Turnover: 5,07,16,145
PAT: 36,84,067
Net Worth: 6,53,77,742

The company's three-year turnover trend shows:

Financial Year: Turnover (INR)
FY 2022-23: 4,78,21,532
FY 2023-24: 9,74,24,972
FY 2024-25: 5,07,16,145

Strategic Rationale

Kiran Vyapar Limited, registered as a Non-Banking Financial Company - Systemically Important Non-Deposit taking (NBFC-NDSI) Company with the Reserve Bank of India, is expanding its investment and financial services activities. The acquisition is described as strategic in nature and will help the company enhance its business operations in the financial services sector.

Transaction Structure

The acquisition does not fall within the purview of related party transactions, and the promoter/promoter group of Kiran Vyapar Limited have no interest in GFPL. No governmental or regulatory approvals are required for this acquisition. The completion timeline is subject to fulfillment of customary conditions precedent as specified in the Share Subscription Agreement.

This strategic investment aligns with Kiran Vyapar Limited's objective to strengthen its position in the financial services industry and expand its investment portfolio within the NBFC sector.

Historical Stock Returns for Kiran Vyapar

1 Day5 Days1 Month6 Months1 Year5 Years
+1.56%+0.90%-6.40%-22.73%-13.22%+82.11%

More News on Kiran Vyapar

1 Year Returns:-13.22%