Tilaknagar Industries Opens One-Year Window to Regularise Old Physical Share Transfers

Tilaknagar Industries Limited ( (IN:TI) ) just unveiled an announcement.

Tilaknagar Industries has opened a special one-year window to re-lodge transfer requests for physical share certificates that were originally submitted before April 1, 2019 but were rejected, returned or not processed due to documentation or procedural deficiencies. The initiative, implemented in line with a recent SEBI circular, requires that any successfully transferred securities be credited only in demat form and kept under a one-year lock-in, encouraging shareholders to regularise legacy holdings and supporting the broader market move away from physical share transfers.

The company has publicised the special window through newspaper advertisements and directed affected shareholders to coordinate with its registrar and transfer agent, Bigshare Services, or contact the company directly for assistance. By facilitating the clean-up and dematerialisation of old physical share transfers, Tilaknagar Industries is aligning with regulatory norms on securities transfer, potentially reducing operational risks, improving record-keeping, and enhancing transparency for investors and market regulators.

More about Tilaknagar Industries Limited

Tilaknagar Industries Limited is an Indian company in the alcoholic beverages sector, best known for manufacturing and marketing Indian Made Foreign Liquor (IMFL) brands. The company serves the domestic market from its registered office in Maharashtra and corporate office in Mumbai, and its shares are listed on both BSE and the National Stock Exchange under the symbol TI.

Average Trading Volume: 46,608

Technical Sentiment Signal: Strong Buy

Current Market Cap: 93.58B INR

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