Share Transfer System

Pursuant to the amendments in the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and subsequent notifications issued from time to time, Indian Sucrose Limited (ISL) informs its shareholders that requests for transfer of securities shall not be processed unless the securities are held in dematerialized form with a depository, except in cases of transmission or transposition.In this regard, SEBI has, through its Press Release, clarified that the aforesaid amendment does not prohibit investors from holding shares in physical form. Shareholders may continue to hold shares in physical mode even after April 1, 2019. However, shareholders who wish to transfer shares held in physical form on or after this date are required to first convert such shares into dematerialized form before initiating the transfer process.

Dematerialization

Dematerialisation is the process of converting physical share certificates into an equivalent number of securities in electronic form, which are then credited to the investor’s account maintained with a Depository Participant (DP).

For this purpose, an investor is required to open a demat account with a DP and submit a duly filled Dematerialisation Request Form (DRF), along with the original physical share certificates. The DRF can be obtained from the concerned DP.

Shareholders are advised to ensure that, prior to submission, the physical certificates are defaced by clearly marking “Surrendered for Dematerialisation” on the face of each certificate.

Upon receipt of the Dematerialisation Request Number (DRN) and the physical certificates from the DP, Indian Sucrose Limited (ISL) shall process the request and dematerialise the shares within a period of 21 days, subject to the documents being found complete and in order.

Requirements for Shares Held in Physical Form

Information to be Provided to RTA

Pursuant to the SEBI Circular dated March 16, 2023, and subsequent updates in the SEBI Master Circular (June 2025), all physical security holders are mandated to furnish their KYC and nomination details.

Failure to comply will not result in a frozen folio, but it will restrict your ability to process service requests and receive payments in non-electronic modes.

Mandatory Information for Shareholders

To keep your folio compliant, you must submit the following details to the company’s Registrar and Share Transfer Agent (RTA):