Manaksia Aluminium Company Limited announces a special window for re-lodgement of physical share transfer requests

On May 15, an advertisement was created by Manaksia Aluminium Company Limited, an Indian manufacturer of value-added, secondary aluminium products, in the editions of Business Standard (in English) and Ek Din (in Bengali). The reason behind the advertisement in the traditional newspaper is to create awareness among the shareholders about the new opportunity to resubmit the physical share transfer requests.

The information shared in the newspaper and notice is in alignment with the current Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Moreover, on the same day, the notice was also sent to both BSE Limited and the National Stock Exchange of India Limited.

In the Securities and Exchange Board of India (SEBI)'s Circular No. HO/38/13/11/2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, incorporated a new mechanism, known as “Special Window for Transfer and Dematerialisation of Physical Securities.”

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Within this mechanism, a window is available for those with physical shares and was brought before April 1, 2019. It also includes the previously submitted securities for transfer to the company or its Registrar and Transfer Agent (RTA) before the physical transfer process was halted on April 1, 2019, but were later rejected or returned because of documentation issues.

Key parameters to look out for by the shareholders

As per the Circular No. HO/38/13/11/2026-MIRSD-POD/1/3750/2026 of SEBI issued on January 30, 2026, a special window has been created for transferring and dematerialising physical securities, opened on February 5, 2026. This opportunity will be available until February 4, 2027, enabling a full year of operation.

This window has been developed specifically for requests for physical share transfer, in order to become eligible for re-lodgement up until March 31, 2021, following the end of the physical transfer mode on April 1, 2019.

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Additionally, any securities transferred through this process will be credited only in demat form and will be subject to a one-year lock-in period starting from the date the transfer is registered.

Criteria: Eligibility and restrictions

In order to become a part of this special window, people claiming the shares must hold the original security certificate. Alongside this, the concerned shares, for any reason, must not have been transferred to the Investor Education and Protection Fund Authority.

The shares, once transferred, securities will be credited automatically to the new owner in demat format. Moreover, the securities will be locked for a year from the transfer registration date. During this period, the securities cannot be transferred, as they will be marked with a lien or pledged.

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Firm's share price movement

The firm's share price movement showed mixed signals during the key trading period. On a day-on-day basis, the firm's opening price on May 15 was at INR 35.20, which, on the previous day, was at INR 36.68, showing a slight decline of 4.2 per cent. Week-on-week, on May 11, the share price was at INR 36.44, showing a decrease of 3.6 per cent.

However, month-on-month, the firm's share price rose by 14 per cent, as on April 16, it was recorded at INR 30.34. Year-on-year, it witnessed a good increase in its share price by 23 per cent, where on May 16, 2025, the price settled at INR 27.11. Not only this, year-to-date, the firm also saw an increase in the price by 17.4 per cent, where on January 1, the price was at INR 29.07.

A copy of the SEBI Circular has also been attached on the firm's website. Abhishek Chakraborty, based in Kolkata, the Company Secretary & Compliance Officer, has signed the advertisement on May 15, 2026.

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