Special Window Physical Share Transfer (SEBI)

Use SEBI’s special window to relodge pending physical share transfer requests that were filed before the cut-off.

This is the only service on this site with a deadline. SEBI has opened a special window allowing the relodgement of share transfer deeds that were lodged before the cut-off for physical transfers and were returned unprocessed — objected to, rejected, or simply never completed. Outside the window these transfers cannot be revived at all.

⚠️ Fill in the exact dates. This page must state the opening and closing dates of the current window and the SEBI circular reference. They are deliberately left out of this draft rather than guessed at — a wrong date on a deadline page is worse than no date. Replace this paragraph with the window period and circular number, then delete this note.

Who this is for

You are in scope if all of the following are true:

  • You bought shares in physical form and paid for them.
  • The transfer deed was lodged with the company or its registrar before the cut-off for physical transfers.
  • It was returned or rejected — an objection memo, a signature difference, a missing document — or it was lodged and never came back.
  • The certificates still name the seller, and the transfer was never completed.

The characteristic situation: an envelope containing certificates in somebody else's name, a transfer deed, and a letter from a registrar listing objections, put away years ago and forgotten. If that describes something in your file, it is worth having assessed now.

Why an ordinary transfer will not work

Because transfer of shares in physical form has been discontinued. A registrar cannot process your deed today whatever its condition, and no amount of correspondence changes that. The relodgement window is a specific, time-limited exception created for buyers left stranded by the cut-off — people who did everything required at the time and were let down by a paperwork objection.

The consequence of missing the window is not that the process becomes harder. It is that this route closes.

What relodgement involves

The deed is lodged again, with the defects that caused the original objection cured. In practice:

  • The original objection memo, which states what was wrong. This is the most important document in the file and the one most often lost.
  • The original transfer deed and certificates.
  • Evidence of the original lodgement within the cut-off — the registrar's acknowledgement, the returned envelope, dated correspondence.
  • Cure of the defect — commonly a banker's attestation of the transferor's signature, a missing consent, or a corrected deed.
  • A compliant folio: PAN, KYC and bank mandate for the transferee.
  • Client Master List for the demat account, because relodged transfers are processed into demat form only.

That last point matters: a successful relodgement credits shares electronically. You do not receive a certificate in your own name.

The hard cases, and what can still be done

Two situations come up constantly and neither is automatically fatal:

  • The seller cannot be found, or has died. The signature that needs attesting belongs to someone unreachable. What is possible depends on the specific objection and the registrar, and it sometimes requires an indemnity route instead. It is worth assessing rather than assuming.
  • The objection memo is lost. The registrar may hold a record of the original lodgement and the objection raised. Retrieving it is often possible, and it is the first thing we try.

We will tell you honestly if a case cannot be revived. With a closing date approaching, a fast clear answer is worth more than an optimistic one.

Why acting early matters here specifically

Relodgement is not a form you file on the last day. The steps that take real time sit before the filing:

  • Getting a banker's attestation of a transferor's signature depends on that person's availability and their bank.
  • Tracing a seller from a thirty-year-old address takes as long as it takes.
  • Retrieving the objection record from a registrar runs on the registrar's timetable.
  • Regularising the folio is weeks, not days.

A case that starts a month before the window closes will probably not be filed in time. One that starts now will be.

What we do

We assess eligibility from the certificates and whatever correspondence survives, retrieve the lodgement and objection record from the registrar where you no longer hold it, identify precisely what has to be cured, obtain the attestations and consents, file the relodgement within the window, and follow it through to the demat credit — then reconcile the quantity against the folio history, including every bonus and split since the original purchase.

If we conclude a case cannot be saved, you will hear that quickly and without a fee for false hope.

What to gather before you contact anyone

Eligibility turns on documents, and the assessment is far quicker if you have looked first. Anything from this list helps:

  • The share certificates themselves, still in the seller's name.
  • The transfer deed, signed, whether or not it was ever accepted.
  • The objection memo or rejection letter from the registrar — the single most useful item.
  • The envelope or covering letter it came back in, if it carries a date.
  • Any acknowledgement of the original lodgement.
  • Proof of payment to the seller — a bank record, a broker note, a contract note.
  • The seller's details as you have them, however old.

Missing several of these does not end the matter: registrars hold records of lodgements and objections, and retrieval is often possible. But it takes time you may not have, which is the argument for starting now rather than assembling a perfect file first.

Frequently asked questions

What happens if I miss the window?

This route closes. Transfer of physical shares has been discontinued, so an ordinary transfer is not an alternative — the relodgement window is the mechanism created for these cases. That is why the dates on this page matter more than anything else on the site.

Will I get certificates in my own name?

No. Relodged transfers are processed into dematerialised form, so the shares are credited to your demat account. You will need one in your own name before the relodgement can complete.

The seller has died. Is my case hopeless?

Not necessarily. What is possible depends on the specific objection raised and the registrar's requirements, and an indemnity-based route is sometimes available where a signature cannot be obtained. It needs assessing on the actual documents rather than in the abstract — and it needs assessing soon.

I’ve lost the objection memo the registrar sent.

Often recoverable. The registrar may hold a record of the original lodgement and the objection raised against it, and retrieving that is usually the first step. Bring whatever you do have — the certificates, the deed, any envelope or covering letter with a date on it.

How do I know whether my transfer was lodged before the cut-off?

Evidence of the original lodgement is what establishes it: a registrar's acknowledgement, a dated objection memo, the returned envelope, or correspondence referring to the lodgement. Where you have none of these, the registrar's own records may. Send us what you have and we will tell you whether eligibility can be established.

How quickly should I act?

Now. The filing is not the slow part — obtaining a banker's attestation of the transferor's signature, tracing a seller from a decades-old address, retrieving the registrar's record of the original objection and regularising the folio all run on other people's timetables. A case that starts shortly before the window closes will probably not be filed in time.

Need this service?

Free name-search first — our CA team confirms eligibility before any work starts. Fees are 100% success-based.

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