SML Mahindra Limited has announced the opening of a special window for re-lodgement of transfer requests for physical shares, following regulatory directives from the Securities and Exchange Board of India (SEBI). The company published newspaper advertisements on 27th March, 2026, informing shareholders about this important facility for physical share transfers.

SEBI's Special Window Initiative

SEBI initially opened a special window through Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated 2nd July, 2025, which operated for six months from 7th July, 2025 till 6th January, 2026. This facility was designed to accommodate re-lodgment of transfer deeds that were originally lodged prior to 1st April, 2019 but were rejected, returned, or not attended due to document deficiencies or process issues.

Extended Window Period

Following the initial window, SEBI has now opened another special window through Circular no. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30th January, 2026. This extended facility will remain operational for one year from 5th February, 2026 to 4th February, 2027.

Eligibility Criteria

The company has provided a detailed matrix outlining eligibility requirements for the special window:

Exclusions and Restrictions

Certain categories of cases will not be considered under this special window:

• Cases involving disputes between transferor and transferee
• Securities which have been transferred to Investor Education and Protection Fund (IEPF)

All shares re-lodged during this period will be processed exclusively through transfer-cum-demat route, meaning they will only be issued in dematerialized form after transfer and will be subject to a lock-in period of one year.

Contact Information for Shareholders

Shareholders requiring further information or clarification can contact the company or its Registrar and Transfer Agent:

The company has emphasized that transfer requests submitted after 4th February, 2027, will not be accepted by the company or its RTA. The announcement was signed by Parvesh Madan, Company Secretary (ACS-31266), and published in Financial Express, The Indian Express, and Ajit newspapers.

SML Mahindra Limited has demonstrated strong operational performance in February 2026, reporting significant growth across its commercial vehicle business segments. The company submitted its monthly production, sales, and export report to stock exchanges under Regulation 30, highlighting robust year-over-year improvements in all key metrics.

Commercial Vehicle Performance Analysis

The company's commercial vehicle segment showed impressive growth momentum in February 2026. Sales performance led the positive trajectory, with the company delivering substantial improvements compared to the previous year's figures.

Production and Manufacturing Operations

SML Mahindra's production capabilities demonstrated strong performance during February 2026. The company manufactured 1,679 commercial vehicles compared to 1,442 units in February 2025, reflecting enhanced operational efficiency and increased manufacturing capacity utilization. This production increase supports the company's ability to meet growing market demand and maintain adequate inventory levels.

Sales and Market Performance

The sales figures for February 2026 indicate robust market demand for SML Mahindra's commercial vehicle offerings. With 1,415 units sold during the month, the company achieved significant improvement over the 1,229 units sold in February 2025. This sales growth demonstrates the company's competitive positioning in the commercial vehicle market and effective distribution strategies.

Export Operations and International Presence

SML Mahindra's export performance showed notable expansion in February 2026. The company exported 88 commercial vehicles compared to 59 units in the corresponding period of the previous year. This export growth indicates the company's strengthening international market presence and the global competitiveness of its commercial vehicle products.

Corporate Compliance and Reporting

The monthly report was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with regulatory requirements under Regulation 30. Company Secretary and Compliance Officer Parvesh Madan signed the official communication, ensuring adherence to corporate governance standards and transparency obligations to stakeholders and investors.