Panchmahal Steel Limited has announced the opening of a special window for the transfer and dematerialization of physical shares, providing eligible investors and transferees with a crucial opportunity to convert their physical holdings to electronic format.

Special Window Details

The special window will remain operational for one year, from February 05, 2026 to February 4, 2027, pursuant to SEBI Circular HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This facility is specifically designed for physical shares that meet certain criteria established by the regulatory framework.

Eligibility Criteria

The special window covers shares that were sold or purchased prior to April 01, 2019, as well as shares that were lodged for transfer before the April 01, 2019 deadline but were subsequently rejected, returned, or not processed due to deficiencies in documents or processes.

Transfer Process and Requirements

During the special window period, securities lodged or re-lodged for transfer will be issued exclusively in demat mode once all requisite documents are verified by the Registrar and Transfer Agent (RTA). Eligible investors and transferees must maintain a Demat Account and provide their Client Master List (CML) along with necessary documentation.

Required Documents:

• Original transfer documents
• Share certificates
• Client Master List (CML)
• Other requisite documents as stipulated in the SEBI Circular

Lock-in Period and Restrictions

Shares transferred under this special window will be subject to a lock-in period of one year from the date of registration of transfer. During this lock-in period, the shares cannot be transferred, lien-marked, or pledged.

Registrar and Transfer Agent Information

Investors can avail this opportunity by submitting necessary documents to the company's Registrar and Transfer Agent:

Important Exclusions

The company has specified that certain cases will not be considered under this special window:

• Disputes between transferors and transferees (must be settled through court/NCLT process)
• Shares transferred to Investor Education and Protection Fund (IEPF)
• Cases where investors do not possess original share certificates

Company Contact Information

For additional information regarding the special window, investors can contact Panchmahal Steel Limited directly at shares@panchmahalsteel.com or refer to the complete SEBI Circular for detailed guidelines and procedures.

Panchmahal Steel Limited has announced the resignation of its Chief Financial Officer, Mr. Nilesh Shah, effective from the closure of business hours on March 5, 2026. The company informed BSE Limited about this key managerial personnel change through a regulatory filing dated February 16, 2026, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Mr. Nilesh Shah submitted his resignation letter on February 16, 2026, requesting relief from his duties for personal reasons. In his resignation letter, Shah confirmed that there are no other reasons apart from personal circumstances regarding his decision to step down from the CFO position.

Regulatory Compliance

Following his departure, Mr. Shah will cease to be a Key Managerial Personnel under Section 203 of the Companies Act, 2013, and Regulation 30(5) of SEBI LODR Regulations, 2015. The company has ensured full compliance with regulatory requirements by providing all necessary details as prescribed under SEBI Listing Regulations and the SEBI Master Circular dated January 30, 2026.

Administrative Changes

In his resignation letter, Mr. Shah requested the company to remove his name as an authorized signatory from banks and initiate the process of informing the Ministry of Corporate Affairs, stock exchanges, and other statutory authorities about his separation. This includes updating the change in authorized signatory status in compliance with applicable laws and regulations.

Succession Planning

Panchmahal Steel Limited has initiated the process of appointing a new Chief Financial Officer to fill the vacant position. The company stated that details regarding the new appointment will be communicated to the stock exchange in due course, ensuring continuity in financial leadership.

Acknowledgment

In his farewell message, Mr. Shah expressed gratitude for the support and guidance provided during his tenure, describing his service as CFO as a privilege. The resignation was accepted by the company management, as indicated by the acceptance signature on the resignation letter.