Hindusthan Insulators Issues Confirmation Letters Post Share Subdivision

Hindusthan Insulators & Industries Limited (formerly Hindusthan Urban Infrastructure Limited) has issued Letters of Confirmation to shareholders holding shares in physical form following the completion of its equity share subdivision. The company announced on March 20, 2026, that these confirmation letters have been distributed through its Registrar and Transfer Agent, Skyline Financial Services Private Limited.

Share Subdivision Completion

The company successfully completed its share subdivision process, with both major depositories confirming the crediting of new shares to shareholders' demat accounts. The subdivision involved splitting each existing equity share with a face value of ₹10 into 5 new equity shares with a face value of ₹2 each, all fully paid-up. The new shares have been assigned ISIN INE799B01025, replacing the previous ISIN INE799B01017.

Depository Processing Summary

Both National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) confirmed successful execution:

Depository New Shares Credited Original Shares Debited Records Processed CDSL 4,356,805 871,361 1,300 NSDL 2,827,070 565,414 777

Physical Share Compliance

Following SEBI Gazette Notification SEBI/LAD-NRO/GN/2022/66 dated January 24, 2022, which mandates that shares issued pursuant to investor service requests shall be in demat mode only, the company has not issued physical share certificates for the subdivision. Instead, Letters of Confirmation have been issued to all shareholders holding shares in physical mode.

Dematerialization Requirements

The Letters of Confirmation issued on March 20, 2026, are valid for 120 days from the date of issuance. During this period, concerned shareholders must dematerialize their shares by:

Requirement Details Validity Period 120 days from March 20, 2026 Action Required Submit Dematerialization Request Form (DRF) to Depository Participant Consequence of Non-compliance Shares transferred to Suspense Escrow Demat Account

Shareholders without demat accounts are advised to open Basic Service Demat Accounts at minimal or nil charges. The company's Chief Financial Officer, Shailendra Jhalani, has communicated these developments to BSE Limited under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Hindusthan Insulators & Industries Limited has announced the opening of a special window for transfer and dematerialization of physical shares, following regulatory requirements set by the Securities and Exchange Board of India (SEBI).

Regulatory Compliance and SEBI Circular

The initiative comes in accordance with SEBI circular no. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This circular mandates the establishment of special windows to facilitate the transfer and dematerialization process for shareholders holding physical securities.

Public Notification Process

The company fulfilled its disclosure obligations by publishing newspaper advertisements on March 19, 2026. The notifications appeared in two publications to ensure comprehensive reach:

Publication Details: Information English Newspaper: Financial Express Hindi Newspaper: Jansatta Publication Date: March 19, 2026 Purpose: Special Window for Transfer and Dematerialisation

Corporate Communication

Chief Financial Officer Shailendra Jhalani signed the formal communication to BSE Limited, confirming the company's compliance with regulatory requirements. The communication was submitted to BSE's Listing Department at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Company Information

Hindusthan Insulators & Industries Limited, formerly known as Hindusthan Urban Infrastructure Limited, maintains its registered office at Kanchenjunga, 7th Floor, 18, Barakhamba Road, New Delhi - 110001. The company trades on BSE with scrip code 539984.

Shareholder Benefits

This special window facility enables shareholders holding physical certificates to:

Transfer their shares more efficiently

Convert physical shares to electronic format (dematerialization)

Comply with modern trading and settlement requirements

Access enhanced security features of electronic holdings

The initiative demonstrates the company's commitment to facilitating smooth transitions for shareholders while ensuring full regulatory compliance with SEBI guidelines.

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