Transfer of Shares

• Transfer of physically-held shares
• Transfer of electronically-held shares

Transfer of physically-held shares

Transfer/ Remat/ Transmission/Transposition of shares held in physical form-KYC norms

To strengthen the Know Your Customer (KYC) norms, which is already in existence for shareholders/investors holding shares in electronic form, investors/shareholders desirous of Transfer/ Remat/ Transmission/Transposition of the shares must provide copies of PAN card duly attested by the Notary Public/Gazetted Officer/ Bank Manager under their official seal for the transferees along with address proof of the first named transferee/holder.

Further, the following important things must be ensured before forwarding the transfer request(s) to the R&TA:

1. A duly filled and signed 'Transfer Deed' (share transfer form) must be lodged with the R&TA.
2. The original share certificates must be attached with the transfer deed.
3. The signature of the transferor should match with the specimen filed with the R&TA.
4. The requisite share transfer stamps affixed on the instrument must be duly cancelled.
5. The transfer deed must be properly witnessed.
6. In case the transfer deed is executed under a Power of Attorney, the same must be in order.
7. The lodgement of transfer should be ideally done before any record date/book closure date.

Please note that transfer request(s) alongwith valid transfer document(s) complete in all respect will only be processed by our R&TA and remat request(s) alongwith requisite documents unless request involved conversion of entire holding held in electronic mode.

Transfer of electronically held shares

Please contact your DP to know the formalities.

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