Purshottam Investofin Limited Opens Special Window for Transfer and Dematerialisation of Physical Securities

2 min read     Updated on 17 Feb 2026, 06:29 PM
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Reviewed by
Ashish TScanX News Team
Overview

Purshottam Investofin Limited has opened a special window from February 5, 2026 to February 4, 2027 for transfer and dematerialisation of physical securities sold or purchased before April 1, 2019, following SEBI circular dated January 30, 2026. The facility covers previously rejected transfer requests and requires comprehensive documentation including original certificates and transfer deeds. All transferred securities will be credited in demat mode with a mandatory one-year lock-in period, excluding dispute cases and IEPF-transferred securities.

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*this image is generated using AI for illustrative purposes only.

Purshottam Investofin Limited has announced the opening of a special window for transfer and dematerialisation of physical securities, following SEBI's latest circular aimed at facilitating ease of investment for shareholders. The initiative will run for one year from February 5, 2026 to February 4, 2027.

SEBI Circular Implementation

The special window has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This regulatory initiative is designed to secure investor rights in securities and provide rightful access to their holdings. The circular builds upon a previous special window that was opened in July 2025 for re-lodgement of transfer deeds of physical securities.

Eligibility and Coverage

The special window covers physical securities that were sold or purchased prior to April 1, 2019. Additionally, it accommodates transfer requests that were previously submitted but were rejected, returned, or not processed due to deficiencies in documents, processes, or other issues.

Execution Date Previously Lodged Original Certificate Available Eligible
Before April 1, 2019 No (fresh lodgement) Yes
Before April 1, 2019 Yes (rejected/returned earlier) Yes
Before April 1, 2019 Yes No X
Before April 1, 2019 No No X

Transfer Process and Requirements

Shareholders seeking to utilize this facility must submit comprehensive documentation to the company's Registrar and Share Transfer Agents, MAS Services Limited. The required documents include:

  • Original security certificates
  • Share transfer deed executed prior to April 1, 2019
  • Proof of purchase by transferee
  • KYC documents as per ISR forms
  • Latest Client Master List (CML) not older than 2 months, attested by Depository Participant
  • Undertaking cum Indemnity as specified in the SEBI circular

Lock-in Period and Restrictions

All securities transferred through this special window will be mandatorily credited to the transferee only in demat mode. These securities will be subject to a lock-in period of one year from the date of registration of transfer. During this lock-in period, the securities cannot be transferred, lien-marked, or pledged.

Processing Timeline and Exclusions

Listed companies and RTAs are required to process transfer requests within 70 days from the date of receipt of complete documentation. However, certain cases are excluded from this window, including disputes between transferor and transferee, and securities that have been transferred to the Investor Education and Protection Fund (IEPF).

Contact Information

Shareholders with queries can contact MAS Services Limited at investor@masserv.com or info@masserv.com , or reach the company directly at pil.cs0187@gmail.com . The company's registered office is located at L-7, Menz Floor, Greenpark Extension, New Delhi-110016.

Historical Stock Returns for Purshottam Investofin

1 Day5 Days1 Month6 Months1 Year5 Years
-0.54%+3.68%+1.21%-2.67%+1.24%+307.17%
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Prabhusar Algotech Private Limited Reduces Shareholding in Purshottam Investofin Limited to 1.21%

1 min read     Updated on 03 Feb 2026, 11:34 PM
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Reviewed by
Riya DScanX News Team
Overview

Prabhusar Algotech Private Limited has significantly reduced its shareholding in Purshottam Investofin Limited from 6.71% to 1.21% through multiple transactions between February 2025 and February 2026. The disclosure filed with BSE Limited on 03.02.2026 details the sale of 408,791 shares by the company and persons acting in concert. The transactions were conducted through both open market and off-market sales, with the largest single transaction involving 293,001 shares sold on 03.02.2026.

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Prabhusar Algotech Private Limited has filed a disclosure with BSE Limited regarding substantial changes in its shareholding pattern in Purshottam Investofin Limited. The disclosure, submitted on 03.02.2026 under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, reveals a significant reduction in the company's stake.

Shareholding Changes Overview

The transaction involved Prabhusar Algotech Private Limited as the seller, along with persons acting in concert (PAC) Pramod Kumar Jain and Vinita Jain. The company clarified that the seller does not belong to the promoter or promoter group of Purshottam Investofin Limited.

Parameter Before Transfer After Transfer Net Change
Total Holding (%) 6.71% 1.21% -5.50%
Total Shares 498,730 89,939 -408,791

Detailed Transaction Breakdown

The shareholding changes occurred through multiple transactions involving the seller and persons acting in concert:

Prabhusar Algotech Private Limited

  • Initial holding: 412,939 shares (5.56%)
  • Net sale: 412,843 shares (5.55%)
  • Final holding: 96 shares (0.00%)

Pramod Kumar Jain

  • Initial holding: 85,791 shares (1.15%)
  • Net purchase: 3,950 shares (0.05%)
  • Final holding: 89,741 shares (1.21%)

Vinita Jain

  • Initial holding: 0 shares (0.00%)
  • Net purchase: 102 shares (0.00%)
  • Final holding: 102 shares (0.00%)

Transaction Timeline and Mode

The share transactions were executed through both open market and off-market sales over an extended period:

Prabhusar Algotech Private Limited transactions:

  • 10,000 shares sold on 25.02.2025 (Open Market)
  • 2,000 shares purchased on 12.03.2025 (Open Market)
  • 30,000 shares sold on 20.03.2025 (Open Market)
  • 52,000 shares sold on 20.03.2025 (Off Market)
  • 29,842 shares sold on 24.03.2025 (Open Market)
  • 293,001 shares sold on 03.02.2026 (Open Market)

Pramod Kumar Jain transactions:

  • 2,000 shares purchased on 24.02.2025 (Open Market)
  • 1,950 shares purchased on 25.02.2025 (Open Market)

Vinita Jain transactions:

  • 102 shares purchased on 06.03.2025 (Open Market)

Company Capital Structure

Purshottam Investofin Limited's equity share capital remained unchanged throughout the transaction period. The company maintains a total equity share capital of Rs. 7,42,32,950, consisting of 7,423,295 equity shares of Rs. 10 each. The shares of Purshottam Investofin Limited are listed on BSE Limited.

Regulatory Compliance

The disclosure was signed by Pramod Kumar Jain, Director and Authorised Signatory of Prabhusar Algotech Private Limited. The filing ensures compliance with SEBI regulations regarding substantial acquisition and disposal of shares, maintaining transparency in shareholding changes for listed companies.

Historical Stock Returns for Purshottam Investofin

1 Day5 Days1 Month6 Months1 Year5 Years
-0.54%+3.68%+1.21%-2.67%+1.24%+307.17%
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1 Year Returns:+1.24%