REC Opens One-Year Special Window for Transfer and Dematerialisation of Physical Securities

REC Limited has announced the opening of a special one-year window for the transfer and dematerialisation (demat) of physical securities in line with a circular issued by the Securities and Exchange Board of India (SEBI).

According to the notice, the window will remain open from February 5, 2026, to February 4, 2027, allowing investors to process the transfer and demat of physical securities that were sold or purchased before April 1, 2019.

The facility has been introduced in compliance with the SEBI circular dated January 30, 2026, aimed at enabling investors to regularise holdings that remain in physical form or were earlier rejected due to documentation or procedural deficiencies.

Under the new framework, securities transferred during this window will only be credited in demat mode to the transferee’s account. These securities will also be subject to a lock-in period of one year from the date of transfer registration, during which they cannot be transferred, pledged, or lien-marked.

The company clarified that the window will also apply to earlier transfer requests that were rejected, returned, or left unprocessed due to incomplete documentation or procedural issues. However, securities that have already been transferred to the Investor Education and Protection Fund (IEPF) will not be eligible under this facility.

Eligible investors have been advised to submit transfer requests along with complete documentation to the company’s Registrar and Transfer Agents (RTAs) for processing.

For equity shareholders, the designated RTA is Alankit Assignments Limited. For tax-free bonds, investors can contact KFIN Technologies Ltd., while retail infrastructure bond investors under the FY 2011-12 series can approach Beetal Financial & Computer Services Pvt. Ltd..

REC Limited, a Maharatna public sector enterprise under the Ministry of Power, encouraged investors to utilise the window to ensure compliance with dematerialisation requirements and streamline the transfer of legacy physical securities.