Hindustan Tin Works Limited has notified the BSE Limited about the Securities and Exchange Board of India's special window for transfer and dematerialisation of physical securities. The announcement comes following SEBI's circular dated January 30, 2026, which introduces measures to facilitate easier investment processes for retail investors.

SEBI's Special Transfer Window Details

The Securities and Exchange Board of India has issued Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, titled "Ease of Doing Investment – Special Window for Transfer and Dematerialisation of Physical Securities." This circular establishes a special one-year window to facilitate the transfer and dematerialisation of physical securities.

Transfer Process and Requirements

The special window allows investors to re-lodge transfer deeds for securities that were previously rejected, returned, or not processed due to deficiencies in documents or processes. Investors must furnish all necessary documents, duly completed in all respects, to the company's Registrar and Transfer Agent.

The securities transferred under this scheme will be credited only in dematerialised form. Additionally, these securities will be subject to a lock-in period of one year from the date of registration of transfer, in accordance with SEBI guidelines.

Registrar and Transfer Agent Information

Investors seeking to utilise this special window must submit their documents to the company's designated Registrar and Transfer Agent:

Documentation and Compliance

The SEBI circular can be accessed through the regulator's official website, and the information is also available on Hindustan Tin Works Limited's corporate website. The company has emphasised that all transfer deeds and supporting documents must be complete in all respects to ensure smooth processing during the special window period.

This initiative by SEBI aims to resolve long-pending transfer cases and encourage the dematerialisation of physical securities, thereby enhancing the efficiency of the securities market and reducing paperwork for investors.

Hindustan Tin Works Limited has received a GST Appeal Order from Commissioner (Appeals-I), CGST, Delhi, resulting in an upheld penalty of Rs. 3,73,60,481 for the period spanning July 2017 to March 2021. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI Listing Regulations on April 22, 2026.

GST Appeal Order Details

The appeal order was received by the company on April 21, 2026, through courier. This order pertains to an appeal filed under Section 74 of the CGST Act, 2017, challenging the original order dated February 3, 2025, which the company had previously informed BSE about on February 4, 2026.

Company's Response and Next Steps

The company has indicated that it will file an appeal with the GST Appellate Tribunal in due course of time. According to the regulatory filing, Hindustan Tin Works Limited reasonably expects a favorable outcome at the appellate level, suggesting confidence in challenging the current decision.

Financial and Operational Impact

Based on the company's assessment, there is no material impact on operations or other activities due to the issuance of this order. The penalty amount of Rs. 3,73,60,481 includes GST along with applicable interest and penalty components as determined by the tax authorities.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This filing ensures transparency regarding significant legal and regulatory developments affecting the company.

The company continues to maintain its operations while pursuing legal remedies to challenge the GST penalty through the appropriate appellate channels.