IFCI Limited Opens Special Window for Re-lodgement of Physical Share Transfer Requests

IFCI Limited has announced a special initiative for shareholders who previously faced difficulties with physical share transfers. This move comes in response to the Securities and Exchange Board of India (SEBI) Circular SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025.

Key Details of the Special Window

Aspect	Details
Duration	July 07, 2025 to January 06, 2026 (6 months)
Eligible Requests	Transfer requests lodged before April 1, 2019
Reason for Re-lodgement	Requests rejected or returned due to deficiencies
Mode of Share Issuance	Only in demat mode
Submission of Requests	To company's compliance officer or registrar

Process and Implications

IFCI has outlined a clear process for shareholders to follow:

Eligibility: The special window applies to transfer requests that were originally lodged before the April 1, 2019 deadline.
Submission: Eligible shareholders can submit their re-lodgement requests to either the company's compliance officer or the registrar.
Demat Requirement: It's important to note that shares will only be issued in demat mode, emphasizing the shift towards dematerialized holdings.
Transfer-cum-Demat: The company has assured that proper processes will be followed for transfer-cum-demat requests.

Additional Shareholder Information

IFCI has also taken this opportunity to address other shareholder-related matters:

Unclaimed Shares and Dividends: The company has transferred unclaimed shares and dividends to the Investor Education and Protection Fund (IEPF).
KYC Update: Shareholders are encouraged to update their Know Your Customer (KYC) details to ensure smooth communication and transactions.

This initiative by IFCI Limited demonstrates a commitment to addressing historical issues with physical share transfers and aligning with SEBI's directives. It provides an opportunity for shareholders to resolve past transfer issues and move towards dematerialized holdings, which is in line with the broader trend in the Indian securities market.

Shareholders of IFCI Limited should take note of this special window and act within the specified timeframe if they have any pending physical share transfer issues from before April 1, 2019.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.45%	+4.10%	+7.22%	+37.09%	+0.33%	+899.14%

IFCI Limited, a public sector non-banking financial company, saw its shares jump 7.19% to Rs 60.69 on Monday, reaching their highest level since July 25. The stock later pared some gains to trade 6.06% higher at Rs 60.05.

AGM Announcement

The company has announced its 32nd Annual General Meeting (AGM) scheduled for October 29, 2025, at 11:30 a.m. through audiovisual means. Key dates related to the AGM include:

Remote e-voting period: October 26-28, 2025
Book closure: October 23-29, 2025
Cut-off date for voting rights: October 22, 2025

Stock Performance

IFCI's stock performance has been noteworthy:

Metric	Value
Current trading volume	7.30 times the 30-day average
12-month performance	-4.59%
Recovery from 52-week low	+65.64% (from Rs 36.20)

The recent surge comes after a two-day losing streak and without any apparent fundamental trigger.

Company Background

Established in 1948, IFCI operates as a public sector non-banking financial company. It has six subsidiaries and one associate, providing financial support to various industrial projects, including Adani Mundra Ports and GMR Goa International.

Investor Participation

Shareholders can participate in the AGM through video conferencing or other audio-visual means. The company has provided detailed instructions for e-voting and attending the virtual meeting in its notice to shareholders.

IFCI's move to conduct the AGM virtually aligns with the ongoing trend of digital shareholder engagement, ensuring wider participation while adhering to corporate governance norms.

Investors and market participants will be keenly watching the AGM for any strategic announcements or updates on the company's future plans and financial outlook.