IFCI Limited has issued a comprehensive notice to shareholders regarding a special window facility introduced by the Securities and Exchange Board of India (SEBI) for the transfer and dematerialisation of physical securities. The announcement, made through newspaper publications on April 16, 2026, provides crucial information for shareholders holding physical securities.

Special Window Details and Timeline

The special window facility has been established pursuant to SEBI Circular HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This initiative specifically targets physical securities that were sold or purchased prior to April 1, 2019.

Eligibility and Submission Process

The special window extends beyond new applications to include previously submitted transfer requests that were rejected, returned, or not processed due to document deficiencies or procedural issues. However, securities that have been transferred to the Investor Education and Protection Fund (IEPF) are excluded from this facility.

Eligible shareholders can submit their requests through two channels:

• Direct to Company: IFCI Tower, 61 Nehru Place, New Delhi - 110 019
• Through Registrar: MCS Share Transfer Agent Limited at 179-180, DSIDC Shed, 3rd Floor, Okhla Industrial Area, Phase-I, New Delhi - 110020
• Email Contact: helpdeskdelhi@mcsregistrars.com

Transfer Conditions and Lock-in Requirements

Securities processed during this special window period will be subject to specific conditions designed to ensure compliance and investor protection. All transferred securities will be mandatorily credited to the transferee's account in dematerialised form only.

Company Communication and Documentation

The notice was signed by Priyanka Sharma, Company Secretary of IFCI Limited, and communicated to both major stock exchanges where the company is listed. The communication included formal letters to the National Stock Exchange of India Limited (Code: IFCI) and BSE Limited (Code: 500106).

Shareholders can access the complete SEBI Circular through the official SEBI website and IFCI's corporate website. The company has provided direct links to ensure easy access to the regulatory guidelines and procedural requirements for availing this special facility.

Regulatory Framework and Compliance

This initiative represents SEBI's continued efforts to ease investment processes and encourage the dematerialisation of physical securities. The regulatory framework ensures that while providing flexibility to shareholders, appropriate safeguards remain in place through the mandatory lock-in period and compliance requirements.

The special window facility demonstrates the regulatory commitment to modernizing India's securities market infrastructure while protecting investor interests through structured processes and clear timelines for physical securities conversion.

IFCI Limited has announced a key leadership appointment with the addition of Shri Manikumar Sivaramakrishnan as Deputy Managing Director to its Board of Directors. The appointment reflects the company's continued focus on strengthening its executive leadership team with experienced banking professionals.

Appointment Details

The appointment was made pursuant to Government of India, Ministry of Finance, Department of Financial Services directive dated February 16, 2026. Sivaramakrishnan assumed charge of his new role on April 06, 2026 (forenoon) and will serve for a period of three years or until further orders, whichever is earlier.

Professional Background

Sivaramakrishnan brings extensive experience spanning over three decades in the banking and financial services sector. His career began with Indian Overseas Bank in the early 1990s before joining NABARD in 1992, where he rose to the level of Chief General Manager across various geographies and roles.

Key Qualifications and Expertise

The newly appointed Deputy Managing Director holds impressive professional credentials:

• Fellow Member of the Institute of Cost Accountants of India (FCMA)
• MBA (Finance)
• MS (Banking)
• Advanced PG Diploma in Computer Applications
• Certified Associate of the Indian Institute of Banking and Finance

Areas of Specialization

Sivaramakrishnan's expertise spans multiple critical areas of financial services:

• Strategic planning and financial management
• Rural innovations and microfinance
• Financial inclusion initiatives
• Rural infrastructure financing
• Integrated risk management
• HR transformation and banking technologies
• Structuring of new financial products

Previous Leadership Roles

During his tenure at NABARD, Sivaramakrishnan served in several key positions including Chief Operating Officer (COO) at NABVENTURES Ltd., NABARD's venture capital subsidiary. He also contributed as a Faculty Member at the Bankers Institute of Rural Development (BIRD), Lucknow, and was heading the Strategic Planning and Product Innovations Department at NABARD's Head Office in Mumbai at the time of his departure.

Regulatory Compliance

The company has confirmed that Sivaramakrishnan is not debarred from holding the office of Director by virtue of any SEBI order or any other authority, ensuring full compliance with regulatory requirements. The appointment notification was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating adherence to corporate governance standards.