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Saregama Opens One-Year Special Window for Legacy Physical Share Transfers

Story Highlights
  • Saregama has opened a SEBI-backed one-year special window to re-lodge and dematerialise eligible transfer requests for physical shares sold or purchased before April 2019.
  • All approved requests will be processed only in transfer-cum-demat mode with a one-year lock-in, aiding cleanup of legacy physical holdings and aligning shareholders with demat norms.
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Saregama Opens One-Year Special Window for Legacy Physical Share Transfers

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Saregama India Limited ( (IN:SAREGAMA) ) has provided an update.

Saregama India Limited has announced, via newspaper advertisements, the opening of a special one-year window to re-lodge transfer requests for physical shares that were sold or purchased before April 1, 2019 but were earlier rejected, returned, or not processed. During this window, which runs from February 5, 2026 to February 4, 2027 under a SEBI circular, all eligible transfer requests will be processed only in transfer-cum-demat mode, with the resulting dematerialised shares locked in for one year and ineligible for further transfer, pledge, or lien, providing a compliance-driven route for legacy physical shareholders while reinforcing the broader market shift toward dematerialisation.

Securities already moved to the Investor Education and Protection Fund are excluded from this facility, and investors must have an active demat account to benefit, with submissions to be made to the company or its registrar and transfer agent within the prescribed timelines. The initiative is expected to help clean up pending physical share transfer issues, improve records, and support regulatory efforts to phase out physical securities, potentially enhancing transparency and ease of ownership for Saregama’s shareholder base.

More about Saregama India Limited

Saregama India Limited is a longstanding Indian music and entertainment company, historically known for its recorded music catalogue and related content offerings. Listed on both the National Stock Exchange of India and BSE, it serves a broad base of public shareholders who hold its equity securities in both physical and dematerialised form.

Average Trading Volume: 38,318

Technical Sentiment Signal: Hold

Current Market Cap: 63.58B INR

Learn more about SAREGAMA stock on TipRanks’ Stock Analysis page.

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