On November 10, 2025, Maral Overseas Limited reported a complete lack of processed transfer requests for physical shares during the designated re-lodgment period from October 7, 2025 to November 6, 2025. This announcement follows the SEBI Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 issued on July 2, 2025, which established a special window for shareholders to re-submit their transfer requests. According to the report from MCS Share Transfer Agent Limited, the company received zero requests during this time frame, indicating no movement in share transfers.
The data provided highlights that Maral Overseas Limited had 0 requests received, 0 processed, 0 approved, and 0 rejected during the reporting period. This absence of activity raises questions about shareholder engagement and the effectiveness of the SEBI initiative aimed at facilitating the transfer of physical shares. The company's lack of processed requests may suggest limited interest from shareholders or potential barriers in the transfer process.
In light of these findings, Maral Overseas Limited has made this information available on its corporate website, further emphasizing transparency in its operations. The company, headquartered in Noida, India, aims to uphold shareholder interests while complying with regulatory frameworks. As the situation develops, it will be crucial for both Maral Overseas Limited and its shareholders to monitor engagement in future transfer requests, especially with the ongoing initiatives designed to streamline share transactions.