SEBI has opened a special 6-month window (July 7, 2025 – Jan 6, 2026) for investors who lodged physical share transfer requests before April 1, 2019 but were rejected or returned due to incomplete documentation.

✅ Transfers will be allowed only if the original request was submitted before the 2019 cutoff.
✅ Post-approval, shares will be credited only in Demat form—no more paper certificates.
✅ Companies & RTAs will now be required to publicly update and report monthly progress on such cases.

This move offers relief to thousands of legacy investors and aligns with the push for full dematerialization—including the MCA’s deadline for private companies to demat shares by June 30, 2025.

What should you do?
👉 Check if you or your family had any such rejected transfer requests.
👉 Get your documents in order and open a Demat account if not done already.

Another smart step toward a cleaner, more inclusive capital market ecosystem.
Miss this and there may be no next chance.