The Securities and Exchange Board of India (SEBI) has announced a special window for investors to re-lodge physical share transfer requests that were originally submitted before April 1, 2019 but were rejected, returned, or left unattended due to documentation deficiencies. This window will be open from July 7, 2025 to January 6, 2026, and aims to enhance the ease of doing investments and protect investors’ rights.
As per SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97, such re-lodged transfers will be processed only in dematerialized form, following the prescribed due process. The initiative follows investor and industry representations and was recommended by an expert panel comprising legal advisors, RTAs, and listed companies.
SEBI has directed listed companies, RTAs, and stock exchanges to promote this initiative through print and social media every two months and to establish dedicated teams for handling such requests. Monthly progress reports must be submitted in the prescribed format, tracking the number of requests received, processed, approved, and rejected, along with average processing time.
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SEBI – Ease of Doing Investment