GILLETTENSEGillette India Limited· Personal CareMinimalNeutral
Announced Tue, 7 Apr · 16:42 IST

Gillette India Limited has informed the Exchange about the update on Special Window for Transfer and Dematerialization of Physical Securities

GILLETTE · price

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Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹7512.00
prior close
₹7798.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.4-1.4-1.3+1.5+2.2+2.2+4.5+4.4+4.4+6.1+9.0+1.3+2.8
Up moveDown movePending
AI summary

SEBI has extended the deadline for re-lodgement of physical share transfer requests that were originally lodged before April 1, 2019 but were rejected, returned, or not processed due to document or process deficiencies. Shareholders now have until February 4, 2027 to resubmit their transfer requests. All securities re-lodged during this special window will only be processed in dematerialized (electronic) form as per SEBI guidelines. The company has published newspaper advertisements informing shareholders and provided contact details for MAS Services Limited, their Registrar and Share Transfer Agent, to receive the applications.

Likely market impact

This is a shareholder convenience measure under SEBI's Ease of Doing Business initiative. It allows investors with stuck physical share certificates to finally get them transferred, but does not materially impact the company's financial position or stock price.