Transposition
of Shares
If
the shareholder requires a change in the order
of their name on share certificate, a request
letter signed by all the joint holder(s) in respect
of the entire holding should be sent to the Company/RTA
alongwith all original certificates. Please note
that such requests do not require the execution
of a transfer deed(s) or the payment of stamp
duty.
For
a change in order of name(s) in respect of part
holding or addition/deletion of name(s) of one
or more joint holder(s) in respective folio, the
normal procedure of transfer is to be followed
i.e. execution of transfer deed and payment of
stamp duty.
In
case the shares are held in demat form, you are
advised to contact your Depository Participant
for transposition of the holding.
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