Prakash Industries Limited Extends Special Window for Physical Share Transfer Requests Under SEBI Guidelines

2 min read     Updated on 23 Apr 2026, 06:21 PM
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Prakash Industries Limited has announced the extension of SEBI's special window for re-lodgement of physical share transfer requests from February 5, 2026 to February 4, 2027. This facility allows shareholders to transfer and dematerialize physical securities sold or purchased prior to April 1, 2019. Eligible shareholders can submit requests to the company's RTA, M/s. Skyline Financial Services Pvt. Ltd., with transferred securities being credited in demat mode only and subject to a one-year lock-in period.

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Prakash Industries Limited has announced the extension of SEBI's special window facility for re-lodgement of physical share transfer requests, providing shareholders with enhanced access to their securities. The company notified BSE and NSE about this development through a newspaper advertisement published on April 23, 2026.

SEBI Special Window Extension Details

The Securities and Exchange Board of India (SEBI) has extended the special window for transfer and dematerialization of physical securities through its circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This extension provides shareholders with additional time to complete their transfer requests.

Parameter Details
Extension Period February 5, 2026 to February 4, 2027
Duration One year
Eligibility Securities sold/purchased prior to April 1, 2019
Transfer Mode Demat mode only
Lock-in Period One year from registration date

Previous SEBI Circular Implementation

SEBI had initially introduced the special window through Circular No. SEBI/HO/MIRSD/MIRSD-POD/P/CIR/2025/97 dated July 2, 2025. This initial facility was available from July 7, 2025 to January 6, 2026, specifically for shareholders whose transfer requests submitted before April 1, 2019 were rejected or returned due to documentation or process deficiencies.

Submission Process and Requirements

Eligible shareholders wishing to avail this opportunity must submit their transfer requests along with requisite documents to the company's Registrar and Transfer Agent (RTA). The designated RTA is M/s. Skyline Financial Services Pvt. Ltd., located at 1st Floor, D-153/A, Okhla Phase-I, Okhla Industrial Estate, New Delhi-110020.

Contact Details Information
Phone Numbers +91-11-26812682/83
Email admin@skylinert.com
Submission Deadline February 4, 2027
Required Documents As per SEBI guidelines

Transfer Conditions and Restrictions

The transferred securities will be subject to specific conditions as mandated by SEBI regulations. All securities transferred under this special window will be mandatorily credited to the transferee only in dematerialized mode. Additionally, these securities will remain under lock-in for a period of one year from the date of registration of transfer.

During the lock-in period, the securities cannot be transferred, lien-marked, or pledged. This restriction ensures compliance with regulatory requirements while providing shareholders access to their rightful securities.

Company Communication and Compliance

Prakash Industries Limited has fulfilled its regulatory obligations by notifying the stock exchanges through proper channels. The company submitted the newspaper advertisement clippings to both BSE (Company Code: 506022) and NSE (Company Symbol: PRAKASH) as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has also advised all shareholders to update their email addresses with the company, RTA, or Depository Participants to ensure smooth communication. For further details, investors can refer to the SEBI circular available on the company's website at prakash.com/download-2/.

Historical Stock Returns for Prakash Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.27%-2.74%+20.72%-14.62%-23.91%+83.90%

Will SEBI consider making this special window facility a permanent feature for future physical share transfer issues?

How might the one-year lock-in period affect Prakash Industries' stock liquidity and trading volumes in 2027?

Could other companies with similar physical share transfer backlogs see increased investor interest following this extension?

Prakash Industries Limited Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 14 Apr 2026, 08:39 PM
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Prakash Industries Limited filed its Q4 FY26 compliance certificate under SEBI Regulation 74(5) on April 14, 2026, covering the quarter ended March 31, 2026. The certificate from registrar Skyline Financial Services confirms proper handling of dematerialization processes and adherence to regulatory timelines for physical share certificate processing.

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Prakash Industries Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The company filed the mandatory certificate with both BSE and National Stock Exchange of India on April 14, 2026, ensuring adherence to regulatory requirements for dematerialization processes.

Regulatory Compliance Certificate

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Skyline Financial Services Private Limited, serving as the company's registrar and transfer agent, provided the compliance confirmation dated April 02, 2026.

Parameter Details
Quarter Period March 31, 2026
Filing Date April 14, 2026
Regulation SEBI Regulation 74(5)
Registrar Skyline Financial Services Pvt. Ltd.
Stock Exchanges BSE (Code: 506022), NSE (Symbol: PRAKASH)

Certification Details

Skyline Financial Services Private Limited confirmed compliance with two key requirements:

  • Securities comprised in certificates have been listed on stock exchanges where previously issued securities are listed
  • Physical certificates have been properly verified, mutilated, cancelled, and depository names substituted in records as registered owners within the mandated 15-day period

Corporate Information

The submission was signed by Arvind Mahla, Company Secretary of Prakash Industries Limited. The company is headquartered at Srivan, Bijwasan, New Delhi, and operates under CIN L27109HR1980PLC010724. This quarterly filing demonstrates the company's commitment to maintaining regulatory compliance and transparent corporate governance practices in accordance with SEBI guidelines.

Historical Stock Returns for Prakash Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.27%-2.74%+20.72%-14.62%-23.91%+83.90%

Will Prakash Industries' consistent regulatory compliance improve its ESG ratings and attract institutional investors in the coming quarters?

How might the company's strong governance practices position it for potential inclusion in SEBI's upcoming regulatory reforms for listed entities?

Could Prakash Industries leverage its compliance track record to negotiate better terms with lenders or rating agencies in 2026?

More News on Prakash Industries

1 Year Returns:-23.91%