Madhusudan Industries Limited Announces Special Window for Re-lodgement of Physical Share Transfer Requests

1 min read     Updated on 13 May 2026, 07:35 PM
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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.

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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 Day5 Days1 Month6 Months1 Year5 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?

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Madhusudan Industries Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 08 Apr 2026, 05:00 PM
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Madhusudan Industries Limited filed its quarterly SEBI compliance certificate under Regulation 74(5) for Q4 FY26 with BSE Limited. The certificate, issued by RTA MCS Share Transfer Agent Limited, confirms proper handling of securities dematerialization and compliance with depositories regulations during the quarter ended March 31, 2026.

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Madhusudan industries Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was filed with BSE Limited on April 8, 2026, as part of the company's regulatory compliance obligations.

Regulatory Compliance Certificate

The certificate was issued by MCS Share Transfer Agent Limited, which serves as the company's Registrar and Share Transfer Agent (RTA). The document confirms compliance with SEBI regulations regarding the handling of securities received from depository participants for dematerialization during the specified quarter.

Parameter: Details
Quarter Ended: March 31, 2026
Filing Date: April 8, 2026
RTA: MCS Share Transfer Agent Limited
Regulation: SEBI Regulation 74(5)
Exchange: BSE Limited

Certificate Confirmation Details

MCS Share Transfer Agent Limited confirmed that all securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories. The RTA also verified that security certificates received for dematerialisation were mutilated and cancelled after due verification by the depository participant.

The certificate further confirms that the names of the depositories have been substituted in the register of members as the registered owner within the stipulated 15-day timeframe, ensuring compliance with regulatory requirements.

Company Information

Detail: Information
Company Secretary: Mitushi Darji
Scrip Code: 515059
Scrip ID: MADHUDIN
Location: Ahmedabad

The submission was signed digitally by Company Secretary and Compliance Officer Mitushi Darji, demonstrating the company's commitment to maintaining proper corporate governance and regulatory compliance standards.

Historical Stock Returns for Madhusudan Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.53%+7.31%+8.81%+5.40%-12.26%+167.38%

Will Madhusudan Industries' consistent regulatory compliance improve its ESG ratings and attract institutional investors in the coming quarters?

How might the company's strong governance practices position it for potential inclusion in SEBI's upcoming regulatory sandbox programs?

Could Madhusudan Industries leverage its compliance track record to negotiate better terms with financial institutions for future funding requirements?

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1 Year Returns:-12.26%