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Procedure for existing shareholding to joint shareholding

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Can any one tell me if  an existing shareholder wants to add a joint holder with him what shall be the procedure for the same Thanks in advance

Best Regards

Nidhi jain

Replies (1)

 

Hi Nidhi,

 

For adding joint name, the shareholder has to execute a transfer deed, duly stamped (0.25% of consideration) and submit the same to the Company’s R&TA for transfer. Such addition of name amounts to change in ownership of shares and the overall procedure for transfer has to be followed.

 

 

Regards

 

Jaideep Pandya


CCI Pro

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