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Trading & Distributors
Regulatory7 Oct 2026, 12:06 pm

MMTC Ltd: 458 Physical Share Transfer Requests Re-lodged in Sep 2026

AI Summary

MMTC Limited has reported the receipt and processing of 458 requests for re-lodgment of transfer requests for physical shares during September 2026. This action is in compliance with a SEBI circular dated January 30, 2026. The company's Registrar and Transfer Agent, MCS Share Transfer Agent Limited, processed these requests. Out of the 458 received, 458 were processed, 435 were approved, and 23 were rejected. The average processing time was 15 days. The rejections were primarily due to shares being transferred to the IEPF Account. This update pertains to the special window provided by SEBI for such re-lodgments.

Key Highlights

  • MMTC Ltd received 458 physical share transfer re-lodgment requests in September 2026.
  • 435 out of 458 requests were approved, with 23 rejected.
  • Average processing time for these requests was 15 days.
  • Rejections were mainly due to shares transferred to IEPF accounts.
  • This is in line with SEBI's circular on physical share transfers.