Sharda Ispat opens special window for share dematerialisation

1 min read     Updated on 15 May 2026, 09:04 PM
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Sharda Ispat Ltd has opened a special window from February 5, 2026 to February 4, 2027 for the transfer and dematerialisation of physical securities purchased before April 1, 2019. Transferred shares will be credited in demat mode and locked in for one year.

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Sharda Ispat Ltd has informed the stock exchanges regarding the opening of a special window to facilitate the transfer and dematerialisation of physical securities. This initiative is in compliance with SEBI Circular No. HO/38/11(2)2026-MIRSD-POD/3750/2026 dated January 30, 2026.

The special window will remain open for a period of one year, specifically from February 5, 2026 to February 4, 2027. This facility is designed to assist investors in gaining rightful access to their securities that were sold or purchased prior to April 1, 2019. Additionally, the window is available for transfer requests that were previously submitted but were rejected, returned, or not attended to due to deficiencies in documentation or process.

During this period, any securities transferred will be mandatorily credited to the transferee in dematerialised form, provided all documents are found to be in order by the Registrar and Transfer Agent (RTA). These securities will be subject to a lock-in period of one year from the date of registration of transfer, during which they cannot be transferred, lien-marked, or pledged.

Eligible shareholders have been advised to lodge or re-lodge their duly executed transfer deeds along with all requisite documents. Shareholders can reach out to the company's RTA, Adroit Corporate Services Pvt. Ltd., or the company directly for further assistance.

Key Details of the Special Window

Particulars Details
Start Date February 5, 2026
End Date February 4, 2027
Purpose Transfer and dematerialisation of physical securities
Lock-in Period One year from date of transfer

Contact Information

Shareholders may contact the following entities for assistance:

Historical Stock Returns for Sharda Ispat

1 Day5 Days1 Month6 Months1 Year5 Years
-0.97%+3.67%-3.45%-24.78%-52.77%+97.79%

How many shareholders of Sharda Ispat are estimated to hold physical securities from pre-April 2019 transactions, and what is the total value of securities potentially eligible for this Special Window?

What happens to physical securities that remain unclaimed or untransferred after the Special Window closes on February 4, 2027 — will they be transferred to IEPF or face other regulatory consequences?

Could the one-year lock-in period on transferred securities create liquidity concerns for investors who urgently need to liquidate their holdings after completing the demat process?

Sharda Ispat Limited Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 06 Apr 2026, 08:13 PM
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Sharda Ispat Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The certificate, issued by Registrar and Share Transfer Agent Adroit Corporate Services Pvt. Ltd., confirms proper handling of dematerialisation processes and compliance with regulatory requirements. The submission demonstrates the company's adherence to SEBI regulations for securities handling and depository participant processes.

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Sharda Ispat Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 6, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company submitted the certificate in compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Amit B. Mundada signed the submission letter, which was digitally authenticated on April 6, 2026.

Parameter Details
Reporting Period Quarter ended March 31, 2026
Submission Date April 6, 2026
Scrip Code 513548
Compliance Officer Amit B. Mundada

Certificate Details

Adroit Corporate Services Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 1, 2026. The certificate confirms that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories.

Compliance Confirmations

The certificate provides several key confirmations regarding the company's dematerialisation processes:

  • Securities received for dematerialisation were confirmed (accepted/rejected) to depositories
  • Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialisation have been mutilated and cancelled after due verification
  • Names of depositories have been substituted in the register of members as registered owners within 15 days

Corporate Information

Sharda Ispat Limited operates from its registered office at Kamptee Road, Nagpur. The company maintains its listing on the Bombay Stock Exchange under scrip code 513548. Adroit Corporate Services Pvt. Ltd., based in Mumbai, continues to serve as the company's Registrar and Share Transfer Agent, handling dematerialisation and related processes.

Historical Stock Returns for Sharda Ispat

1 Day5 Days1 Month6 Months1 Year5 Years
-0.97%+3.67%-3.45%-24.78%-52.77%+97.79%

Will Sharda Ispat's consistent regulatory compliance improve its eligibility for institutional investor participation or ESG-focused funds?

How might the company's dematerialisation process efficiency impact its plans for any upcoming equity fundraising or rights issues?

Could Sharda Ispat be considering a migration to additional stock exchanges beyond BSE given its robust compliance framework?

More News on Sharda Ispat

1 Year Returns:-52.77%