Schaeffler India Limited has informed the Exchange regarding 'Special Window introduced for Re-lodgement of transfer requests of physical shares'.
SCHAEFFLER · price
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Schaeffler India has informed the exchange about a special window that allows shareholders to re-lodge transfer requests for physical shares which were earlier rejected. This facility was mandated by SEBI for transfer requests that were returned between April 1, 2019 and March 31, 2021 due to technical or documentation issues. The company has opened this window from July 7, 2021 to January 7, 2022 (as per SEBI's earlier circular). This is a routine compliance announcement and not a business or financial event.
No material impact on the company's financials or stock price. Only relevant for investors holding physical share certificates who had pending or rejected transfer requests during the specified period.