Summit Securities Publishes SEBI Special Window Notice for Physical Securities
Summit Securities Limited has published its notice regarding SEBI's special window for transfer and dematerialisation of physical securities, submitting regulatory disclosures to NSE and BSE. The special window, effective from February 5, 2026 to February 4, 2027, allows shareholders to transfer physical securities sold/purchased before April 1, 2019, with shares credited only in demat mode under one-year lock-in.
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Summit Securities Limited has announced the publication of its notice regarding SEBI's special window for transfer and dematerialisation of physical securities, fulfilling regulatory disclosure requirements under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Regulatory Compliance Disclosure
The company submitted its disclosure under Regulation 30 read with Part A of Schedule III of SEBI (LODR) Regulations, 2015 to both National Stock Exchange of India Limited and BSE Limited. The submission included newspaper clippings of the special window notice published in leading newspapers.
| Parameter: | Details |
|---|---|
| NSE Symbol: | SUMMITSEC |
| BSE Security Code: | 533306 |
| Publication Date: | April 10, 2026 |
| English Newspaper: | Business Standard |
| Regional Newspaper: | News Hub (Marathi) |
| Company Secretary: | Jiya Gangwani |
SEBI Special Window Details
The special window facility has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, providing shareholders with an opportunity to transfer and dematerialise physical securities that were sold or purchased prior to April 1, 2019.
| Window Parameter: | Specification |
|---|---|
| Window Period: | February 5, 2026 to February 4, 2027 |
| Duration: | One year |
| SEBI Circular Reference: | HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 |
| Circular Date: | January 30, 2026 |
| Lock-in Period: | One year from registration |
Eligibility and Process
The facility applies to two specific categories of cases. First, where original share transfer requests were not lodged prior to April 1, 2019, and investors are holding original share certificates. Second, where original share transfer requests were lodged prior to April 1, 2019, but were rejected, returned, or not attended due to deficiencies in documents or processes, and investors are holding original share certificates.
Shareholders can utilise this facility by furnishing necessary documents to MUFG Intime India Private Limited, the company's Registrar and Share Transfer Agent. The shares will be mandatorily credited to the transferee only in demat mode and will remain under lock-in for one year from the date of registration of transfer.
Corporate Information
Summit Securities Limited, incorporated with CIN L65921MH1997PLC194571, maintains its registered office at 213, Bezzola Complex, B Wing, 71, Sion-Trombay Road, Chembur, Mumbai - 400071. The company's disclosure was signed by Company Secretary and Compliance Officer Jiya Gangwani and submitted to stock exchanges on April 10, 2026.
Source: None/Company/INE519C01017/4e3a15ac-9157-4be4-a093-c55695fa5e96.pdf
Historical Stock Returns for Pilani Investment & Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.51% | +9.72% | +16.40% | -8.11% | +13.75% | +191.71% |
How might the one-year lock-in period for dematerialized shares impact Summit Securities' stock liquidity and trading volumes?
What percentage of Summit Securities' total shareholding is expected to be affected by this SEBI special window facility?
Could this dematerialization process lead to changes in Summit Securities' shareholder composition or ownership structure?
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