SRF Limited Opens Special Window for Physical Share Transfer and Dematerialisation

2 min read     Updated on 20 Mar 2026, 02:50 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

SRF Limited has opened a special window for transfer and dematerialisation of physical shares executed before April 01, 2019, available until February 04, 2027 per SEBI circular dated January 30, 2026. The facility targets shareholders who didn't lodge shares for transfer or had rejected requests due to documentation issues. The company published regulatory notices on March 20, 2026, providing clear eligibility criteria and contact information for shareholder assistance.

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SRF Limited has announced the opening of a special window for the transfer and dematerialisation of physical shares executed prior to April 01, 2019. The announcement comes pursuant to SEBI Circular HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, with the facility remaining available until February 04, 2027.

Special Window Eligibility and Coverage

The special window is specifically designed to address two categories of shareholders. First, it covers shareholders who purchased physical shares of SRF Limited prior to April 01, 2019 but did not lodge them for transfer. Second, it includes shareholders who had lodged transfer requests prior to April 01, 2019 but such requests were rejected, returned, or remained unattended due to deficiencies in documentation, process, or otherwise.

Eligibility Matrix and Requirements

To provide clarity regarding the applicability of this window, SRF Limited has outlined specific eligibility criteria:

Execution Date of Transfer Deed Lodged for transfer before April 01, 2019? Original Security Certificate Available? Eligible to lodge in the current window?
Before April 01, 2019 No (it is fresh lodgement) Yes ✓
Before April 01, 2019 Yes (it was rejected/returned earlier) Yes ✓
Before April 01, 2019 Yes No X
Before April 01, 2019 No No X

Only requests accompanying original share certificate, duly executed transfer deed prior to April 01, 2019, and all other supporting documents as specified in the SEBI circular will be considered for registering the transfer under this special window.

Publication and Objection Process

Where transferor is untraceable or documents unavailable, notice of proposed transfer will be published in one English national daily with nationwide circulation and one regional language daily at the transferor's last known address. Any objections must be raised within 30 days of publication, and transfer will be effected only after expiry of this period.

Contact Information for Shareholders

For claims or queries on the subject matter, shareholders may contact the company's Registrar and Transfer Agents at M/s Kfin Technologies Limited (Unit - SRF Limited), Selenium Tower B, Plot No.31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad - 500 032. The toll-free number is 1800-309-4001, with email at einward.ris@kfintech.com . Alternatively, shareholders can reach the Secretarial Department at SRF Limited, Block C, Sector 45, Gurugram-122003, Haryana, Phone No. +91-124-4354400, Email: cs@srf.com .

Regulatory Compliance and Documentation

On March 20, 2026, SRF Limited published newspaper clippings in Financial Express (English) and Jansatta (Hindi) editions, formally notifying BSE Limited and National Stock Exchange of India Limited about this special window initiative. The publication was signed by Rajat Lakhanpal, Sr. VP (Corporate Compliance) & Company Secretary, demonstrating the company's commitment to regulatory compliance and shareholder service.

Historical Stock Returns for SRF

1 Day5 Days1 Month6 Months1 Year5 Years
+4.81%+6.85%-0.27%-9.51%-11.26%+136.49%

Will SEBI extend similar special windows to other listed companies facing physical share transfer backlogs?

How might this dematerialization initiative impact SRF's shareholder base composition and trading liquidity?

What happens to unclaimed physical shares after the February 2027 deadline expires?

SRF Limited Faces ₹38.49 Crore Customs Duty and Penalty Demand Over Import Classification Issues

1 min read     Updated on 22 Jan 2026, 06:29 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

SRF Limited disclosed receiving a ₹38.49 crore customs duty and penalty demand from Commissioner of Customs, Chennai-II over alleged wrong HSN classification of imported raw materials and process chemicals. The demand includes applicable interest and stems from accusations of wrongly availing FTA benefits and export incentives. The company's management, based on legal advice, considers the demand legally untenable and plans to contest it in appropriate legal forums.

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SRF Limited has received a significant customs duty and penalty demand totaling ₹38.49 crores from the Commissioner of Customs, Chennai-II, along with applicable interest. The company disclosed this development on January 22, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Nature of Customs Demand

The customs authority has imposed the demand citing wrong HSN (Harmonized System of Nomenclature) classification for import of raw materials and process chemicals. This alleged misclassification reportedly resulted in the company denying benefits under Free Trade Agreement (FTA) and exemption notifications.

Parameter Details
Issuing Authority Commissioner of Customs, Chennai-II (Imports)
Total Demand Amount ₹38.49 crores (approximately)
Date of Receipt January 22, 2026 at 4:02 PM
Additional Liability Applicable interest on the demand amount

Alleged Violations

The customs department has made several allegations against SRF Limited:

  • Adoption of incorrect HSN classification for imported materials
  • Consequent undue benefit availed under applicable FTA provisions
  • Wrongful availment of benefits under exemption notifications
  • Alleged wrongful availment of export incentives

Company's Response

SRF Limited's management has expressed confidence in challenging the customs demand. Based on legal advice received, the company believes the demand lacks legal merit and plans to contest it through appropriate legal channels.

Aspect Company Position
Legal Assessment Demand not legally tenable
Planned Action Contest before appropriate legal forums
Management Confidence High, based on legal advice

Financial Impact Assessment

While the demand amount of ₹38.49 crores plus interest represents a significant sum, SRF Limited's management remains confident about successfully challenging the order. The company has indicated that based on legal consultation, they believe the customs department's position is not sustainable in law.

The disclosure was made by Rajat Lakhanpal, Senior Vice President (Corporate Compliance) and Company Secretary, ensuring compliance with stock exchange notification requirements under SEBI regulations.

Historical Stock Returns for SRF

1 Day5 Days1 Month6 Months1 Year5 Years
+4.81%+6.85%-0.27%-9.51%-11.26%+136.49%

More News on SRF

1 Year Returns:-11.26%