NTPC opens special window for transfer of physical shares
NTPC Limited has opened a special window from February 5, 2026, to February 4, 2027, to facilitate the transfer and dematerialisation of physical securities sold or purchased before April 1, 2019. The window also covers requests submitted before the 2019 deadline that were rejected or returned. Securities transferred via this route will be credited in demat form and subject to a one-year lock-in.

*this image is generated using AI for illustrative purposes only.
NTPC Limited has opened a special window for the transfer and dematerialisation of physical securities, providing relief to investors holding shares sold or purchased prior to April 1, 2019. The facility, available from February 5, 2026, to February 4, 2027, also accommodates transfer requests submitted before the April 2019 deadline that were rejected, returned, or not attended to due to deficiencies in documentation or processing.
Securities transferred through this special window will be mandatorily credited to the transferee only in dematerialised form. Following the registration of transfer, these securities will be placed under a lock-in period of one year. During this lock-in period, the shares cannot be transferred, lien-marked, or pledged.
Exclusions and Requirements
The company has clarified that cases involving disputes between the transferor and transferee, as well as securities that have already been transferred to the Investor Education and Protection Fund (IEPF), will not be considered under this window. Investors and transferees are required to refer to the specific SEBI Circular No. HO/38/13/11(2)2026-MIRSD-PoD/1/3750/2026 dated January 30, 2026, for details on the necessary documents to be submitted for transfer requests.
Contact Points for Investors
Investors with queries or requests regarding the transfer of equity shares or tax-free bonds may contact the company's Registrar and Share Transfer Agents (RTA). The contact details for the respective RTAs handling different securities are listed below:
| Security Type | RTA Name | Address | Phone | Fax | |
|---|---|---|---|---|---|
| Equity Shares | Beetal Financial & Computer Services Pvt. Ltd. | Beetal House, 3rd Floor, 99, Madangir, behind local shopping centre, near Dada Harsukh Das Mandir, New Delhi-110062 | ntpc@beetalfinancial.com | 011-42959000 | 011-29961284 |
| Tax Free Bonds 2013 (Series 50) and Tax Free Bonds 2015 (Series 56) | KFin Technologies Limited | Selenium Building, Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddy, Telangana-500 032 | einward.ris@kfinitech.com | 1800-3094001 | - |
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE733E01010/4edfb62a813f4527.pdf
Historical Stock Returns for NTPC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.40% | -0.98% | -9.42% | +9.15% | +6.70% | +198.35% |
How will the mandatory one-year lock-in period impact the liquidity and trading volume of NTPC shares transferred through this window?
Could the success of this special window prompt other PSUs to implement similar mechanisms for clearing legacy physical share transfers?
What effect will the influx of dematerialised shares from this window have on NTPC's overall shareholding pattern and institutional investor interest?































