MMTC Limited: 458 Share Transfer Requests Re-lodged Under SEBI Special Window in June 2026
MMTC Limited processed 458 physical share transfer requests re-lodged in June 2026 under a SEBI special window. All received requests were approved, but 458 were rejected due to signature mismatches and missing documentation. Processing time averaged 10 days.
This is a routine administrative update concerning share transfers and does not involve significant financial or strategic changes for the company.
The announcement is a routine update regarding share transfer requests and compliance with a SEBI circular. It does not contain any positive or negative financial or business developments.
MMTC Limited has submitted an intimation regarding the receipt of requests for re-lodgment of transfer requests for physical shares. This action is in compliance with SEBI Circular No HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026, dated January 30, 2026, which established a special window for such requests.
The Company's Registrar and Transfer Agent, MCS Share Transfer Agent Limited, reported that during June 2026, a total of 458 requests for physical shares were re-lodged for transfer cum demat. All 458 received requests were processed and approved within the month.
However, it was noted that 458 requests were rejected. The primary reason for rejection cited was a mismatch in the transferor's signature, requiring ISR 2 attested by a Bank Manager along with PAN, Aadhar, and a Cancelled Cheque. Additionally, for some rejections, proof of purchase was required if available, and a Demat Conversion Request form (Annexure Aa & Ad for NSDL / Annexure 1.4 for CDSL) was needed.
The average time taken for processing these requests was 10 days. This disclosure is for the information and records of the stock exchanges.
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MMTC Limited filed this with the NSE as a statutory disclosure, categorised under share transfer updates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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