Madhusudan Industries Limited Announces Special Window for Re-lodgement of Physical Share Transfer Requests
Madhusudan Industries Limited has announced a special window for re-lodgement of physical share transfer requests, open from 5th February, 2026 to 4th February, 2027, in compliance with SEBI circular No. HO/38/13/11(2)2026-MIRSD-PODI/3750/2026 dated 30th January, 2026. The window covers transfer deeds lodged prior to 1st April, 2019 that were rejected or returned due to document or process deficiencies. Shares re-lodged under this facility will be issued only in demat mode and will carry a one-year lock-in from the date of registration of transfer. Shareholders must submit their documents to MCS Share Transfer Agent Limited in Ahmedabad.

*this image is generated using AI for illustrative purposes only.
Madhusudan Industries Limited has issued a public notice informing its shareholders about a special window for re-lodgement of physical share transfer requests, published in English daily The Indian Express, Ahmedabad and Gujarati daily The Financial Express, Ahmedabad, both dated 13th May, 2026. The notice has been filed with BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Special Window for Re-lodgement of Physical Share Transfers
In accordance with SEBI circular No. HO/38/13/11(2)2026-MIRSD-PODI/3750/2026 dated 30th January, 2026, Madhusudan Industries has notified shareholders that a special window for the transfer and dematerialisation of physical shares has been made available. The key details of this window are outlined below:
| Parameter: | Details |
|---|---|
| Applicable SEBI Circular: | No. HO/38/13/11(2)2026-MIRSD-PODI/3750/2026 dated 30th January, 2026 |
| Window Open Period: | 5th February, 2026 to 4th February, 2027 |
| Eligibility: | Physical shares sold/purchased prior to April 01, 2019 |
| Scope: | Re-lodgement of transfer deeds lodged prior to 1st April, 2019 and rejected/returned/not attended to |
| Mode of Issuance: | Demat mode only |
| Lock-in Period: | One year from the date of registration of transfer |
| Restrictions During Lock-in: | Shares shall not be transferred, lien-marked, or pledged |
| Exclusions: | Disputed cases and IEPF transferred shares |
Submission Process for Shareholders
Shareholders who wish to avail of this special window are required to submit the Share Transfer Deed along with original share certificate(s) and all necessary documents, duly complete in all respects, to the company's Registrar and Share Transfer Agent (RTA). The contact details for submission are as follows:
- RTA Name: MCS Share Transfer Agent Limited
- Address: 201, Shatal Complex, 2nd Floor, Opp. Bata Show Room, Ashram Road, Ahmedabad - 380009
- Contact No.: 079-26580461/62/63
- Email ID: mcsstaahmd@gmail.com
Regulatory Compliance and Filing
The newspaper advertisement was published as part of the company's compliance obligations under Regulation 30 of SEBI (LODR) Regulations, 2015. The notice was signed by Mitushi Darji, Company Secretary & Compliance Officer of Madhusudan Industries Limited, and the filing was made to BSE Limited's Corporate Relationship Department on 13th May, 2026. The company's registered office is located at Madhusudan House, Opp. Navrangpura Telephone Exchange, Ahmedabad-380 006, and its CIN is L29199GJ1945PLC000443.
Historical Stock Returns for Madhusudan Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.53% | +7.31% | +8.81% | +5.40% | -12.26% | +167.38% |
How many shareholders of Madhusudan Industries are estimated to hold unresolved physical share transfer requests from before April 2019, and what is the total value of shares potentially affected?
What happens to physical shares that remain untransferred or undematerialized after the special window closes on 4th February, 2027?
Could the one-year lock-in period on transferred shares impact Madhusudan Industries' stock liquidity or trading volumes once these shares enter the demat system?


























