Coforge Limited has informed the Exchange about Copy of Newspaper Publication - Notice of opening of special window for re-lodgement of the transfer requests of physical shares
COFORGE · price
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Awaiting price reaction for this filing.
Coforge has published a notice in newspapers informing shareholders about a special window to re-lodge physical share transfer requests that were earlier rejected. This follows a SEBI directive under which physical share transfers were disallowed from April 1, 2019 onwards, and a one-time special window is being provided for re-lodgement of transfer deeds that were returned or rejected during the transition period. Shareholders who had pending or rejected physical share transfers now get a fresh opportunity to get their shares transferred into demat form. This is a routine regulatory compliance filing and not a strategic corporate action.
No material impact on the stock price or business. Shareholders with previously rejected physical share transfer requests get an additional chance to complete the transfer; others can ignore this notice.