SHARE NOT CONVERTED TO DEMAT YET..ANY PROBLEM TODAY
This query is : Resolved
21 October 2009
My father-in law is having 10 Shares of Reliance Industries Ltd. The Share Certifiacte is in Paper from. As he purchased the shares way back 15 yrs, and still not bothered to convert into DEMAT......
Would he face any problem in converting the Certificate to DEMAt, especially when he does not have a PAN Card ?
In case, he want to transfer the share in my wife's name is that possible ?
Please clear my ambiguity
With thanks in advance
SUJIT
Would he face any problem in converting the Certificate to DEMAt, especially when he does not have a PAN Card ?
In case, he want to transfer the share in my wife's name is that possible ?
Please clear my ambiguity
With thanks in advance
SUJIT
21 October 2009
Hi Sujit...
Get a PAN in ur Fathers' Name and in ur Wifes' name and then open a deemat A/c with any of the Stock Brokers or Banks..
Then submit ur Certificate to the Broker or the Banker.
Get an Acknowledgement from the the person to whom u handover the Certificate.
Ur broker will Communicate with NSDL and get the Certificate dematerialized.
Then u can ask ur father to trfr it in ur Wifes' name...
Get a PAN in ur Fathers' Name and in ur Wifes' name and then open a deemat A/c with any of the Stock Brokers or Banks..
Then submit ur Certificate to the Broker or the Banker.
Get an Acknowledgement from the the person to whom u handover the Certificate.
Ur broker will Communicate with NSDL and get the Certificate dematerialized.
Then u can ask ur father to trfr it in ur Wifes' name...
Ankur Garg
(Expert)
22 October 2009
Please find Registrars and Transfer Agent details of Reliance Limited. Send your query to below mentioned address.
Registrars and Transfer Agent
(Share transfers and communications
regarding share certificates, dividends and change of address)
Karvy Computershare Private Limited
46, Avenue 4, Street No1, Banjara Hills,
Hyderabad -500 034,
India.
Tel Nos:+91.40.23320666 / 23320711 / 23323031 / 23323037
Fax No:+91.40.23323058
E-mail: rilinvestor@karvy.com
Internet: www.karvy.com
16/22, Bake House
Maharashtra Chamber of Commerce Lane
Fort, Mumbai 400 023
Tel No. +91.22.56382666/56381746
Fax No. +91.22.56331135
Registrars and Transfer Agent
(Share transfers and communications
regarding share certificates, dividends and change of address)
Karvy Computershare Private Limited
46, Avenue 4, Street No1, Banjara Hills,
Hyderabad -500 034,
India.
Tel Nos:+91.40.23320666 / 23320711 / 23323031 / 23323037
Fax No:+91.40.23323058
E-mail: rilinvestor@karvy.com
Internet: www.karvy.com
16/22, Bake House
Maharashtra Chamber of Commerce Lane
Fort, Mumbai 400 023
Tel No. +91.22.56382666/56381746
Fax No. +91.22.56331135
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