CIE Automotive India Limited has informed the Exchange about Copy of Newspaper Publication - Opening of special window for Transfer and Dematerialisation of Physical Securities
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CIE Automotive India Limited has informed the stock exchange about a newspaper notice it published regarding a special window for shareholders to transfer or dematerialise their physical share certificates. This is a routine compliance filing where the company is notifying investors about the facility to convert physical holdings into demat form. The initiative is part of SEBI's broader push to phase out physical share certificates and move towards fully dematerialised holdings. Shareholders holding physical shares can use this window to either dematerialise their shares or transfer them to other eligible parties.
Minimal direct impact on stock price or shareholders. Shareholders holding physical shares are encouraged to dematerialise them, as physical shares are no longer accepted for trading purposes. Investors should ensure their holdings are in demat form to avoid any inconvenience.