Newspaper Advertisement - Special Window for Transfer and Dematerialisation of Physical Securities
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Abans Financial Services has published a newspaper advertisement to inform shareholders about a special one-time facility for transferring and converting their physical share certificates into dematerialised (demat) form. This is a routine compliance filing under SEBI directives, which require companies and their Registrars to give shareholders holding shares in physical form a final opportunity to dematerialise them. Shareholders who fail to convert within the window risk their shares being frozen, meaning they would not be able to transfer or transact in them.
This is a standard regulatory compliance announcement with no direct impact on the stock price or business operations. Shareholders still holding physical share certificates should take note and convert them to demat form within the specified window to avoid restrictions on trading and transfers.