As you are aware, currently an investor can hold securities in either physical or electronic form. The investor can transfer the securities held in physical form by sending the certificates to the Registrar & Transfer Agent (RTA) of the Issuer, along with transfer deed. If the documents are in order, the RTA transfers the securities in the name of the transferee by endorsement at the back of the certificate(s). However, with reference to SEBI notification No. SEBI/LAD-NRO/GN/2018/24 dated 8th June 2018, and the subsequent CDSL Communique No. CDSL/OPS/DP/POLCY/2018/351 dated 6th July 2018, please note that effective from 1st April 2019, the securities held in the physical form, will not be transferable. Only the securities held in electronic form will be transferable. Hence, kindly get the physical shares, if any, dematerialized by 1st April 2019, to avoid any inconvenience regarding the transfer of securities post this date. Please note that post 1st April 2019, the physical shares can be transferred to another person only in case of transmission [means the transfer of securities in case of death of holder(s)] or in case of transposition of securities [means a change of sequence of current holder mentioned on certificate].

Share the inspiration

April 1, 2015by admin0

Yeah, well, you know, that’s just, like, your opinion, man.

The Manager

Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat.

Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat.

Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat, vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit augue duis dolore te feugait nulla facilisi.

admin


Leave a Reply

Your email address will not be published. Required fields are marked *