Maral Overseas Limited has informed the Exchange regarding 'Update on Special Window for Re-lodgment of Transfer Requests of Physical Shares'.

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AI summary

Maral Overseas Limited filed its monthly update on the SEBI-mandated special window for re-lodgment of physical share transfer requests for April 2026. The company's registrar, MCS Share Transfer Agent Limited, received 2 requests during the month. Both requests were processed but none were approved — both were rejected due to incomplete documentation. Required documents include a valid transfer deed with broker purchase stamp, SH-4 form, purchase proof, certified copy of CML of the purchaser, and ISR-2 forms for both transferor and purchaser. Average processing time was 10 days. The rejections involved share transfers for Ram Chand Moolchandani and Jayant Banerjee to Sudha Agarwal.

Likely market impact

This is a routine compliance filing with no direct impact on the company's financial performance or stock price. The rejection of both re-lodgment requests indicates continued documentation gaps among physical share investors, a common issue as the market transitions toward dematerialisation.