Wheels India Limited has announced a special window for the transfer and dematerialisation of physical securities. This initiative, in line with a SEBI circular dated January 30, 2026, allows for the re-lodgement of transfer deeds that were originally lodged before April 01, 2019, but were rejected or returned due to deficiencies. The special window will be open for a period of one year, commencing from February 5, 2026, and concluding on February 4, 2027. Securities transferred during this period will be issued exclusively in demat mode and will be subject to a one-year lock-in period from the date of registration. During this lock-in period, the securities cannot be transferred, lien-marked, or pledged. The circular details the conditions for investors, including the submission of original security certificates, executed transfer deeds prior to April 01, 2019, proof of purchase, KYC documents, and a client master list. It also outlines obligations for listed companies and RTAs regarding identity and signature verification, and procedures for cases involving non-delivery of objection memos or unavailability of documents. Disputes between transferors and transferees, and securities transferred to the Investor Education and Protection Fund (IEPF), will not be considered under this window.
