tiprankstipranks
Advertisement
Advertisement

Kirloskar Pneumatic Opens One-Year Window for Legacy Physical Share Transfers

Story Highlights
  • Kirloskar Pneumatic will allow transfer and dematerialisation of eligible physical shares for one year.
  • All approved transfers will be credited in demat form, locked in for a year, tightening compliance on legacy holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kirloskar Pneumatic Opens One-Year Window for Legacy Physical Share Transfers

Claim 55% Off TipRanks

Kirloskar Pneumatic Co. Ltd. ( (IN:KIRLPNU) ) has issued an announcement.

Kirloskar Pneumatic Company Limited has opened a special one-year window, from 5 February 2026 to 4 February 2027, to facilitate the transfer and dematerialisation of physical securities that were sold or purchased before 1 April 2019. In line with a recent SEBI circular, the window also covers earlier transfer requests that were rejected, returned or not processed due to documentation or procedural deficiencies, with all such transfers to be credited only in dematerialised form and placed under a one-year lock-in during which they cannot be transferred, pledged or lien-marked. Shares already moved to the Investor Education and Protection Fund are excluded, and eligible shareholders have been asked to submit requisite documents either to the company or its registrar and transfer agent MUFG Intime India Private Limited, signalling a regulatory push to complete the transition away from physical shareholding and tighten compliance in the secondary market for legacy physical securities.

More about Kirloskar Pneumatic Co. Ltd.

Kirloskar Pneumatic Company Limited, part of the Kirloskar Group, operates in the industrial engineering sector, supplying pneumatic and related mechanical systems from its base in Hadapsar Industrial Estate, Pune. The company’s equity shares are listed on BSE and the National Stock Exchange under the symbol KIRLPNU, reflecting its presence in India’s listed industrial manufacturing space.

Average Trading Volume: 21,623

Technical Sentiment Signal: Buy

Current Market Cap: 74.68B INR

For detailed information about KIRLPNU stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1