What process needs to be followed for transmission of the Shares?

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• What does the transmission of shares mean?

  Transmission of shares refers to transferring of shares due to death of a shareholder to their legal heir(s)/surviving holder. It is a legal requirement, unlike the transfer of shares, which is voluntary. The shares are transmitted by forwarding ...

• What is the process for transfer of Shares from my mastertrust account to other Demat account?

  To transfer your shares from one Demat account to another account you need to fill Delivery Instruction Slip (DIS) which you must have received at the time of account opening. Kindly mention the target Demat Account details in “Off Market” section ...

• What are the charges for Dematerialization of the Shares?

  For Regular Account: Rs.20/- per DRF + Rs.3/- per certificate For Basic Service Demat Accounts: Rs.50/- per DRF + Rs.10/- per certificate

• What is the difference between Off-Market and On Market transaction of Shares/Securities?

  Feature On-Market Transaction Off-Market Transaction Where it happens Stock exchange platform Outside exchange, directly between parties Price Market-determined Mutually agreed Settlement Through clearing house & depository Direct transfer through ...

• What is Dematerialization of Securities?

  An Investor can keep his shares in Demat account only in electronic form. Dematerialization is the process by which Customer can get his physical Shares Certificates converted into electronic Form. Customer can convert their physical certificate into ...