Saksoft Limited Announces Special Window for Physical Share Transfer Requests Under SEBI Regulations

2 min read     Updated on 26 Mar 2026, 01:29 AM
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AI Summary

Saksoft Limited has published newspaper advertisements in Business Standard and Makkal Kural regarding SEBI's special window for physical share transfers. The window, open until February 4, 2027, allows re-deposit of transfer requests lodged before April 1, 2019, that were previously rejected or unattended. Shareholders must submit documents to M/s. Camco Corporate Services Limited, with shares to be issued in demat mode only and locked for one year.

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Saksoft Limited has issued a regulatory disclosure regarding newspaper advertisements published to inform shareholders about SEBI's special window for physical share transfers. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Disclosure Details

The company published advertisements in Business Standard (English) and Makkal Kural (Tamil) newspapers on March 25, 2026. Company Secretary and Compliance Officer Meera Venkatramanan signed the disclosure letter addressed to both the National Stock Exchange of India Limited and BSE Limited.

Exchange Details: Information
NSE Symbol: SAKSOFT
BSE Security Code: 590051
Disclosure Date: March 25, 2026
Signatory: Meera Venkatramanan

SEBI Special Window Framework

The Securities and Exchange Board of India has established a special window running until February 4, 2027, for re-deposit of physical share transfer requests. This initiative addresses transfer requests that were originally lodged prior to April 1, 2019, but were subsequently rejected, returned, or left unattended due to various deficiencies.

Key Parameters of the Special Window

Aspect: Details
Window Period: Until February 4, 2027
Eligible Requests: Lodged before April 1, 2019
Issue Mode: Demat only
Lock-in Period: One year from transfer registration
SEBI Circular: No. SEBI/14/2024-MRD-POD dated January 30, 2026

Transfer Process and Requirements

Shareholders seeking to utilize this special window must submit required documents to the company's designated Registrar and Share Transfer Agent. The appointed agent is M/s. Camco Corporate Services Limited, located at Subramaniam Building, No. 1, Club House Road, Chennai - 600002.

Contact Information for Submissions

  • Phone: +91 44 2 64 0 7 0 0 0
  • Email: investor@camcoindia.com
  • Physical Address: Subramaniam Building, No. 1, Club House Road, Chennai - 600002

Important Limitations and Exclusions

The special window framework includes specific exclusions that shareholders should note. Cases involving disputes between transferor and transferee will not be considered under this window and must be resolved through court or RTI processes. Additionally, shares that have been transferred to the Investor Education and Protection Fund are not eligible for processing under this special window.

The re-deposited shares will be issued exclusively in dematerialized format and will remain locked for a period of one year from the date of transfer registration, ensuring compliance with current regulatory requirements for electronic share trading.

Historical Stock Returns for Saksoft

1 Day5 Days1 Month6 Months1 Year5 Years
+0.92%+0.46%-12.42%-37.40%-19.25%+320.72%

How might the February 2027 deadline impact Saksoft's share liquidity and trading volumes as shareholders rush to complete physical-to-demat conversions?

What potential operational challenges could Saksoft face if a large volume of legacy physical share transfer requests are submitted before the special window closes?

Will other listed companies see similar shareholder communication campaigns, and how might this affect overall market demat conversion rates industry-wide?

Saksoft Promoter Mr. Aditya Krishna Increases Stake to 21% Through Open Market Acquisition

1 min read     Updated on 25 Mar 2026, 10:19 AM
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AI Summary

Saksoft Limited promoter Mr. Aditya Krishna has increased his shareholding from 20.98% to 21% by acquiring 20,000 equity shares through open market transactions on March 13 and March 17, 2026. The acquisition, disclosed under SEBI regulations, demonstrates the promoter's continued confidence in the company while maintaining compliance with regulatory requirements.

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Saksoft Limited has disclosed that its promoter Mr. Aditya Krishna has acquired additional equity shares through open market transactions, increasing his shareholding in the company. The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The promoter acquired a total of 20,000 equity shares through two separate open market transactions. The purchases were executed on March 13, 2026 and March 17, 2026, with 10,000 shares acquired on each date.

Transaction Parameter: Details
Total Shares Acquired: 20,000
Acquisition Mode: Open Market
Transaction Dates: March 13, 2026 (10,000 shares) & March 17, 2026 (10,000 shares)
Percentage Increase: 0.02%

Shareholding Pattern Changes

Following the acquisition, Mr. Aditya Krishna's shareholding in Saksoft Limited has increased from 20.98% to 21.00%. The transaction represents a marginal but significant increase in the promoter's stake in the company.

Shareholding Details: Before Acquisition After Acquisition Change
Number of Shares: 2,78,13,000 2,78,33,000 +20,000
Percentage Holding: 20.98% 21.00% +0.02%
Total Share Capital: 13,25,51,250 13,25,51,250 No change

Regulatory Compliance

The disclosure was made by Company Secretary and Compliance Officer Meera Venkatramanan on March 23, 2026, in compliance with SEBI regulations. The company is listed on the National Stock Exchange and is permitted to trade on the BSE.

The acquisition demonstrates the promoter's continued confidence in the company's business prospects and represents a strategic increase in shareholding within the regulatory framework. The transaction maintains the promoter's significant influence in the company while adhering to all disclosure requirements under SEBI regulations.

Historical Stock Returns for Saksoft

1 Day5 Days1 Month6 Months1 Year5 Years
+0.92%+0.46%-12.42%-37.40%-19.25%+320.72%

Will Mr. Aditya Krishna continue acquiring shares to reach the 25% threshold that would trigger mandatory open offer requirements?

What strategic initiatives or business expansion plans might be driving the promoter's increased confidence in Saksoft's prospects?

How could this promoter stake increase impact Saksoft's stock liquidity and trading volumes in the coming quarters?

More News on Saksoft

1 Year Returns:-19.25%