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

BKK (CA) (32 Points)

03 May 2025  

Company A is an unlisted Private Ltd. Company. Share capital is not dematerialized and no ISIN is allotted. All shares are held in physical form. One of shareholders has changed his name. Necessary documents are available with him. He has applied to the company to change his name on the physical share certificates. 

1      What is the procedure to be followed by the company under the Companies Act, 2013?

2.    Whether new name can be written manually on the existing certificates by crossing the old name and duly authenticating the same or new certificates are  required to be issued in lieu of existing certificates.

3.    If new certificates are to be issued, what will be certificate number (whether existing or new) and what will be date on the certificate?