Panafic Industrials opens special window for share transfer and demat
Panafic Industrials Limited opens a SEBI-mandated special window for physical share transfers until February 4, 2027. Shareholders can re-lodge rejected requests from before April 2019. Transferred shares will be dematerialised and locked-in for one year.

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Panafic Industrials Limited has announced the opening of a special window for the transfer and dematerialisation of physical shares, providing shareholders with a final opportunity to regularise holdings acquired prior to April 1, 2019. This initiative, mandated by SEBI Circular No. HO/38/13/11(2)/2026-MRSD-PoD/ U/3750/2026 dated January 30, 2026, runs from February 5, 2026, to February 4, 2027. The move aims to reduce the outstanding volume of physical share certificates and enhance transparency in the company’s register of members.
The special window is specifically designed to accommodate transfer requests that were lodged before April 1, 2019, but were rejected, returned, or not attended to due to deficiencies in documents or process. Shareholders who wish to avail this facility must submit their original Share Certificates and Transfer Deeds along with requisite documents to the company’s Registrar and Share Transfer Agent, Skyline Financial Services Private Limited. The RTA is located at D-153/A, I Floor, Okhla Industrial Area, Phase-I, New Delhi-110 020.
Key Conditions for Transfer
Under the terms of this special window, all securities transferred will be mandatorily credited to the transferee only in dematerialised (demat) mode. Furthermore, these securities will be placed under a strict lock-in period of one year from the date of registration of the transfer. During this lock-in period, the shares cannot be transferred, lien-marked, or pledged. This restriction ensures stability in the shareholder base immediately following the regularisation process.
| Date of Lodgement | Lodged for transfer before April 1, 2019? | Original Security Certificate Available | Eligible for Current Window? |
|---|---|---|---|
| Before April 1, 2019 | No (Fresh lodgement) | Yes | Yes |
| Before April 1, 2019 | Yes (Previously rejected/returned) | Yes | Yes |
| Before April 1, 2019 | No | No | No |
| Before April 1, 2019 | Yes | No | No |
Eligibility and Process Details
Eligibility for the current window depends on both the date of lodgement and the availability of the original security certificate. As outlined in the matrix above, shareholders with original certificates can lodge fresh requests or re-lodge previously rejected ones if the initial attempt was made before April 1, 2019. However, requests lacking an original security certificate are ineligible, regardless of when they were initially submitted.
The company published notices regarding this special window in Financial Express (English) and Jansatta (Hindi) on August 7, 2026. These clippings, along with further details, are available on the company’s website at www.panaficindustrialsltd.in . Managing Director Sarita Gupta authorised the communication, urging eligible shareholders to act within the stipulated timeframe to avoid permanent inability to transfer their physical holdings.
Historical Stock Returns for Panafic Industrials
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.82% | -0.46% | +35.85% | +278.95% | +166.67% | +764.00% |
How might the one-year lock-in period on dematerialised shares impact Panafic Industrials' short-term trading liquidity and stock price volatility?
What is the expected volume of physical share conversions during this window, and could it significantly alter the company's promoter holding or free-float percentage?
Will the reduction in outstanding physical certificates improve the efficiency of corporate actions such as dividend distributions and voting for future shareholders?


































