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Galaxy Bearings Ltd has filed its monthly compliance report with BSE regarding the SEBI special window for transfer and dematerialisation of physical securities. The report, prepared by Registrar and Share Transfer Agent Alankit Assignments Limited, covers March 2026. During the month, 5 requests were received for transfer-cum-demat of physical shares. Of these, 0 requests were approved and 5 were rejected. The average processing time was 12 days. The company filed this report pursuant to SEBI Circular dated January 30, 2026, which introduced an ease of doing investment measure for physical securities holders. The company secretary Bhumika Teli signed the filing on April 6, 2026.
This is a routine regulatory compliance filing with no direct impact on the company's financials or stock price. The high rejection rate relative to requests received is notable but may reflect the nature of the special demat window scheme rather than any operational issue at Galaxy Bearings.