Transfer of physically-held shares

The transfer of physically held shares should be done through share-brokers who are members of Stock Exchange(s) or sub-brokers who are registered with SEBI.

The following things must be ensured:

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 Company/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.

The transfer requests are processed within 30 days from the date of lodgement of valid documents.

Transfer of electronically held shares

Please contact your DP to know the formalities.