SEBI Opens One-Year Window for Hindustan Tin Works Shareholders to Dematerialise Old Shares

Hindustan Tin Works Limited has alerted its shareholders to a special initiative by the Securities and Exchange Board of India (SEBI). A one-year window, from February 5, 2026, to February 4, 2027, is now open for shareholders to dematerialise physical shares.

This opportunity is specifically for physical shares that were sold before April 1, 2019, and faced documentation or processing issues at the time. The SEBI initiative aims to help shareholders resolve these long-standing share transfer problems.

Shareholders holding eligible physical shares can now begin the dematerialisation process. Hindustan Tin Works will coordinate the necessary procedures with its Registrar and Transfer Agent (RTA).

It's important to note that shares successfully converted to dematerialised form will be subject to a one-year lock-in period from the date of transfer registration. This restricts immediate resale of these shares.

Shareholders must ensure all required documentation is complete and accurate. SEBI guidelines state that transfer requests may be rejected if submitted documents remain insufficient. The one-year lock-in also means immediate liquidity will not be available for converted holdings.

SEBI has been actively promoting share dematerialisation to enhance market transparency and security. Since April 1, 2019, share transfers are generally required to be in dematerialised form, making this window a crucial chance for those with older, unresolved physical share issues.