Change of name on physical share certificates of Private unlisted company not having ISIN

Procedure for Name Change on Physical Share Certificates

1. *Board Meeting*: Convene a board meeting to approve the name change request.

2. *Verification of Documents*: Verify the necessary documents, such as the shareholder's identity proof, proof of name change (e.g., marriage certificate or gazette notification), and the original share certificates.

3. *Approval and Resolution*: Pass a board resolution approving the name change and authorizing the issuance of new share certificates or endorsement on existing certificates. Endorsement on Existing Certificates or Issuance of New Certificates -

*Endorsement*: The company can endorse the name change on the existing certificates by crossing out the old name and writing the new name manually, duly authenticated by authorized signatories. -

 *New Certificates*: Alternatively, the company can issue new share certificates in lieu of the existing ones.

 Certificate Details - *Certificate Number*: If new certificates are issued, they can retain the existing certificate number or have a new one, depending on the company's decision. -

 *Date*: The date on the new certificate or endorsement should be the date of the board resolution approving the name change or the date of issuance of the new certificate. Additional Considerations -

 *Shareholder's Request*: The company should ensure that the shareholder's request is properly documented and approved. -

*Record-Keeping*: The company should maintain accurate records of the name change, including the board resolution, updated shareholder register, and any new or endorsed share certificates

. By following these steps, the company can efficiently process the name change request and update the shareholder's records.