Submission of Report on re-lodgement of Transfer requests of physical Shares - March 2026
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Tirupati Starch & Chemicals Ltd submitted its monthly report on the re-lodgement of physical share transfer requests for March 2026, as mandated by SEBI. The company received 2 transfer requests during the month, and both were fully processed. However, none were approved while 2 were rejected. The average processing time was 4 days. This filing is in compliance with SEBI's special window initiative for the transfer and dematerialisation of physical securities, aimed at making it easier for investors to convert physical share certificates into demat form.
The filing reflects routine compliance under SEBI's physical securities dematerialisation drive. The 100% rejection rate for the 2 requests received warrants attention — shareholders attempting to transfer physical shares may be facing issues with documentation or eligibility criteria. This does not directly impact financials but may affect investors holding physical shares.