Equity Share Related Enquiry

DEBABRATA DAS (1 Points)

13 November 2024  

Respected Members 

I have a genuine question regarding Equity Shares in the Secondary Markets in India .

Mr. A and his wife Mrs A have DEMAT account since 2007 and both of them have invested in BSE and NSE listed companies' equity shares over the years since 2007 . 

Now in November 2024 , the Market Value of Equity Shares in the DEMAT account of Mr. A is Rs. 12 Lacs 

And the same for Mrs. A is Rs. 15 Lacs .

 

Now both of them have decided to form a Private Limited Company for the purpose of investment in equity shares in the primary and secondary markets in India and both of them will be the shareholders and directors in the company . 

 

Now , is it possible to transfer the individual equity shares owned by them in their respective DEMAT accounts to the Demat account of their private limited company? So that in future the Private Limited Company can act as an investment cum holding company .

Please suggest