Share transfer in the same name

This query is : Resolved

Manish Melana (Querist)
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17 June 2013 Hi all,

I have 1000 physical shares purchased in my own name in 1989 ie., Manish Rameshwarlal Melana now i want these shares to get demat in my demat account but the problem is my all further accounts are in the name of Manish Melana.

Now i want to remove the middle name from the shares and got it demated in my demat account.

What is the procedure?
How i need to transfer in my own name?
What will be the tax implications in that case.

Please guide me how to proceed further

CA Kapil Verma

CA Kapil Verma (Expert)
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17 June 2013 there is no tax implication on it as you are not selling them.

Contact you share Broker for change the name.

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