UltraTech Cement Announces Special Window for Physical Share Transfer and Dematerialisation

2 min read     Updated on 01 Apr 2026, 03:57 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

UltraTech Cement Limited has announced SEBI's new special window for physical share transfer and dematerialisation, running from February 5, 2026 to February 4, 2027. The window allows re-lodgement of transfer requests originally submitted before April 1, 2019, with mandatory original share certificates. All processed shares will be issued in dematerialised form with a one-year lock-in period, excluding disputed cases and IEPF-transferred securities.

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UltraTech Cement Limited has issued newspaper advertisements across Business Standard All India Edition and Navshakti Mumbai Edition, informing shareholders about a new special window for transfer and dematerialisation of physical securities. The announcement, made through Company Secretary Dhiraj Kapoor on April 1, 2026, follows SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026.

Special Window Timeline and Purpose

SEBI had discontinued transfer of physical shares from April 1, 2019. However, a previous special window operated from July 7, 2025 to January 6, 2026, for re-lodgement of physical share transfer requests originally submitted before April 1, 2019 but returned due to documentation deficiencies. To further facilitate investors, SEBI has opened another special window for one year from February 5, 2026 to February 4, 2027.

Eligibility Criteria

The eligibility for lodging requests under the current special window depends on specific conditions:

Execution Date of Transfer Deed: Lodged for transfer before April 01, 2019? Original Security Certificate Available? Eligible to lodge in the current window?
Before April 1, 2019 No (fresh lodgement) Yes
Before April 1, 2019 Yes (rejected/returned earlier) Yes
Before April 1, 2019 Yes No
Before April 1, 2019 No No

Exclusions and Processing Requirements

Certain cases will not be considered under this window:

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

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

Contact Information

Shareholders requiring assistance can contact the company or its Registrar and Transfer Agent:

UltraTech Cement Limited: KFIN Technologies Limited:
Address: B Wing, Ahura Centre, 2nd Floor, Mahakali Caves Road, Andheri (East), Mumbai 400 093
Phone: +91 22 6691 7800
Email: sharesutcl@adityabirla.com
RTA Address: Selenium Building, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddy, Telangana - 500 032
Toll Free: 1800 3094 001
RTA Email: ultratechris@kfintech.com / slinward.rs@kfintech.com

The company's registered office is located at Ahura Centre, B-Wing, 2nd Floor, Mahakali Caves Road, Andheri (East), Mumbai 400 093, with CIN: L26940MH2000PLC128420.

Historical Stock Returns for UltraTech Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%-5.21%-16.23%-12.20%-6.67%+53.94%

Will SEBI extend the February 2027 deadline if there's significant demand from investors who miss this window?

How might the one-year lock-in period for transferred shares impact UltraTech's stock liquidity and trading volumes?

Could this special window initiative influence other major cement companies to proactively assist their shareholders with similar dematerialization drives?

UltraTech Cement Receives GST Authority Order with ₹53.81 Crore Tax Demand

1 min read     Updated on 01 Apr 2026, 04:31 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

UltraTech Cement Limited disclosed receiving a GST order from Additional Commissioner, Central GST, Dehradun, with tax demand of ₹53,81,19,148 plus interest and equal penalty amount. The order relates to alleged differential tax liability and non-reversal of ITC for FY 2019-20 to FY 2023-24. The company plans to contest the demand and expects no material financial impact.

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UltraTech cement Limited has received a significant order from GST authorities in Uttarakhand, disclosing a tax demand of ₹53.81 crores along with penalties under Regulation 30 of SEBI listing requirements. The cement major communicated this development to stock exchanges on 31st March, 2026.

GST Authority Order Details

The Additional Commissioner, Central Goods and Services Tax, Dehradun, Uttarakhand has passed an Order in Original confirming substantial financial demands against the company. The order encompasses multiple components of tax liability and penalties spanning several financial years.

Component Amount (₹)
Tax Demand 53,81,19,148
Penalty 53,81,19,148
Additional Charges Applicable interest on tax demand

Nature of Alleged Violations

The GST order addresses alleged violations spanning five financial years from FY 2019-20 to FY 2023-24. The authorities have identified two primary areas of concern in their assessment:

  • Differential tax liability: Issues related to tax calculations and payments
  • Non-reversal of Input Tax Credit (ITC): Alleged failure to reverse input tax credits as required under GST regulations

These violations form the basis of the substantial tax demand and penalty imposed by the GST authorities.

Company's Response and Financial Impact

UltraTech Cement has indicated its intention to challenge the GST authority's order through appropriate legal channels. The company has provided a clear assessment of the potential financial implications of this development.

Aspect Company Position
Legal Strategy Will contest the demand
Expected Financial Impact No material impact anticipated
Order Receipt Date 31st March, 2026

The company's confidence in contesting the order suggests it believes there are grounds to challenge the GST authority's findings and calculations.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Dhiraj Kapoor signed the communication to BSE Limited and National Stock Exchange of India Limited, ensuring transparency with stakeholders and regulatory authorities.

Historical Stock Returns for UltraTech Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%-5.21%-16.23%-12.20%-6.67%+53.94%

How might this GST dispute affect UltraTech's quarterly earnings and cash flow if the legal challenge is unsuccessful?

Could this GST order signal broader regulatory scrutiny across the cement industry regarding ITC compliance?

What timeline should investors expect for the resolution of UltraTech's legal challenge against this ₹107+ crore demand?

More News on UltraTech Cement

1 Year Returns:-6.67%