SEBI Opens Special Window For Transfer Cum Dematerialisation Of Physical Securities

The Securities and Exchange Board of India has introduced a special window to facilitate transfer cum dematerialisation of physical securities, providing relief to investors who were unable to complete transfers before April 1, 2019 due to procedural or documentation-related challenges.

By way of a circular dated January 30, 2026, SEBI said the special window will remain open from February 5, 2026 to February 4, 2027, enabling such investors to regularise and complete transfer cum dematerialisation of their securities. The regulator said this step would facilitate investors in getting rightful access to their property.

SEBI clarified that the window will also cover transfer requests that were earlier submitted but were rejected, returned, or not attended to due to deficiencies in documentation, process, or otherwise.

The provisions of the circular came into effect from February 5, 2026.