Sumedha Fiscal Services Announces Special Window for Physical Share Transfer and Dematerialization
Sumedha Fiscal Services Ltd. has published its second newspaper notification regarding a special window for physical share transfer and dematerialization, running from February 5, 2026 to February 4, 2027. The facility covers securities sold or purchased before April 01, 2019, and previously rejected transfer requests, with all transfers to be processed in demat mode through RTA Maheshwari Datamatics Pvt. Ltd.

*this image is generated using AI for illustrative purposes only.
Sumedha Fiscal Services Ltd. has issued its second newspaper publication informing shareholders about the opening of a special window for transfer and dematerialization of physical shares. The announcement, made through publications in Financial Express and Aajkaal newspapers on April 10, 2026, follows regulatory compliance under SEBI guidelines.
Regulatory Framework and Timeline
The special window operates under SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This initiative follows an earlier special window that was opened pursuant to SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025, which closed on January 06, 2026.
| Parameter: | Details |
|---|---|
| Window Period: | February 05, 2026 to February 04, 2027 |
| Duration: | One year |
| Eligible Securities: | Physical shares sold/purchased prior to April 01, 2019 |
| Issuance Mode: | Demat only |
Scope of Coverage
The special window accommodates multiple categories of transfer requests. Eligible shareholders can utilize this facility for securities that were sold or purchased prior to April 01, 2019. Additionally, the window covers transfer requests that were previously submitted but faced issues due to various deficiencies.
The facility extends to transfer requests that were:
- Rejected due to document deficiencies
- Returned for process-related issues
- Not attended to for other reasons
- Currently pending with the company or RTA
Application Process and Requirements
Eligible shareholders must submit their applications along with requisite documents to the company's Registrar and Transfer Agent (RTA). Maheshwari Datamatics Pvt. Ltd. serves as the RTA, located at 23, R. N. Mukherjee Road, 5th floor, Kolkata - 700001.
All securities lodged or re-lodged for transfer during this period will be issued exclusively in demat mode. The company will follow due process for all transfer-cum-demat requests submitted during the special window period.
Corporate Communication
Company Secretary and Compliance Officer Dhwani Fatehpuria signed the regulatory filing submitted to BSE Ltd. under the company's scrip code 530419. The communication was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Detailed information about the circular and the special window facility is available on the company's website. Sumedha Fiscal Services has emphasized that this represents the second publication issued in relation to the opening of the special window, as mandated under the provisions of the SEBI circular.
Historical Stock Returns for Sumedha Fiscal Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.31% | +5.95% | +24.15% | -21.71% | -41.90% | +68.06% |
Will SEBI extend or modify the dematerialization requirements for physical shares beyond the February 2027 deadline?
How might the success rate of this second special window influence other listed companies' approach to physical share conversion?
What regulatory changes could SEBI implement if significant volumes of physical shares remain unconverted after this window closes?





























