NMDC opens special window for physical share dematerialization
NMDC Limited has opened a special window from February 05, 2026, to February 04, 2027, for the transfer and dematerialization of physical shares purchased or sold before April 1, 2019, and for pending requests. Transfers will be credited only in demat form and are subject to a one-year lock-in. Shareholders must submit requests to M/s Aarthi Consultants Pvt. Ltd.
*this image is generated using AI for illustrative purposes only.
NMDC Limited has announced the opening of a special window to facilitate the transfer and dematerialization of physical securities held by its shareholders. This initiative follows the SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2026/3750/2026 dated January 30, 2026.
Special Window Details
The special window is effective for a period of one year, commencing on February 05, 2026, and concluding on February 04, 2027. This facility is designed to assist shareholders with the transfer and dematerialization of physical shares that were sold or purchased prior to April 1, 2019. Additionally, it covers transfer requests that were previously submitted but were rejected, returned, or remained unattended due to incomplete documentation or process deficiencies.
Transfer Conditions and Lock-in Period
Shareholders utilizing this window must adhere to specific conditions regarding the transfer of securities. All transfers executed under this special window will be mandatorily credited to the transferee only in dematerialized form. Furthermore, securities transferred during this period will be subject to a lock-in period of one year from the date of registration of transfer. During this lock-in period, the securities cannot be transferred, pledged, or lien-marked.
Submission Process
Investors are encouraged to submit their share transfer requests along with the requisite documents to the Company's Registrar and Transfer Agent, M/s Aarthi Consultants Pvt. Ltd. The contact details for the Registrar are provided below for shareholder reference.
| Entity | Details |
|---|---|
| Name | M/s Aarthi Consultants Pvt. Ltd. |
| Address | 1-2-285, Domalguda, Hyderabad-500029, Telangana |
| Phone | 040-27638111, 27634445 |
| Fax | 040-27632184 |
| info@aarthiconsultants.com |
Detailed information regarding this notice and the list of requisite documents is available on the official website of NMDC Limited under the Investors section.
Historical Stock Returns for NMDC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.93% | +1.41% | +6.53% | +19.41% | +30.51% | +109.27% |
How many NMDC shareholders are estimated to still hold physical securities from before April 2019, and what is the total value of shares potentially affected by this special window?
Could the one-year lock-in period on transferred securities create any notable impact on NMDC's stock liquidity or trading volumes once the window closes in February 2027?
Will SEBI extend similar special window mandates to other PSU companies, and could this become a broader regulatory push toward complete elimination of physical securities in India?
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