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Nova Iron & Steel LtdUpdates, 22-07-2025: Company Update

22-07-2025 | 12:49 pm

SEBI has opened a special six-month window for investors to re-lodge physical share transfer deeds previously rejected or unaddressed. This opportunity applies to requests originally made before April 2019. The move, decided after investor representations and expert panel discussions, aims to facilitate easier investing and secure investor rights. During this period, all re-lodged shares will be issued exclusively in dematerialized form. This is a key development for shareholders to regularize their holdings and convert physical shares, ensuring their ownership rights are secured. Companies and their RTAs are required to publicize and manage these requests efficiently.

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