Mafatlal Industries Limited has announced the opening of a special window for shareholders to re-lodge transfer requests for physical shares that were previously rejected or returned due to document deficiencies. This initiative follows SEBI circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026.

Special Window Details

The company has established a dedicated timeframe for eligible shareholders to resubmit their transfer requests:

Transfer Conditions and Restrictions

The special window comes with specific conditions that shareholders must understand before proceeding with their applications. All securities transferred under this window will be mandatorily credited to the transferee only in demat mode, ensuring compliance with current regulatory requirements.

Key restrictions include:

• Lock-in Period: One year from the date of registration of transfer
• Transfer Restrictions: No transfer, lien-marking, or pledging during lock-in period
• Exclusions: Cases involving disputes between transferor and transferee
• IEPF Securities: Securities transferred to Investor Education and Protection Fund are not eligible

Application Process and Contact Information

Eligible shareholders seeking to utilize this opportunity must contact the company's designated Registrar and Share Transfer Agent:

Important Deadlines and Communication

The company has emphasized that transfer requests submitted after February 4, 2027 will not be accepted by either the company or the Registrar and Share Transfer Agent. To ensure widespread awareness, Mafatlal Industries has published notices in both Financial Express English and Gujarati newspapers.

The company's official website at www.mafatlals.com has been updated with comprehensive details regarding this special window. Additional updates, if any, will be uploaded to the website to keep shareholders informed of any developments or clarifications related to the process.

Mafatlal Industries Limited's Board of Directors held a meeting on March 24, 2026, to approve a postal ballot notice for seeking shareholder consent on important regulatory provisions. The meeting addressed key financial authorization matters under the Companies Act, 2013.

Board Meeting Decisions

The board approved the postal ballot notice for two critical items of special business that require shareholder approval:

Postal Ballot Timeline

The company has established a clear timeline for the postal ballot process. The cut-off date for determining shareholders entitled to vote on the proposed resolutions has been set for April 17, 2026. This date will determine which shareholders are eligible to participate in the voting process for both special business items.

Meeting Details

The Board of Directors meeting commenced at 11:30 am and concluded at 2:04 pm on March 24, 2026. Company Secretary Amish Shah signed the official communication to BSE Limited, confirming the board's decisions and requesting the exchange to take the information on record.

Regulatory Compliance

Both approved items relate to significant financial provisions under the Companies Act, 2013. Section 185 governs loans and guarantees to related parties, while Section 186 addresses investment and lending thresholds. These provisions require specific shareholder approval through the postal ballot mechanism, ensuring transparency and stakeholder participation in major financial decisions.