Shareholder FAQ’s

Q. What is the procedure in case a shareholder wishes to consolidate his holding in various folios?

  • In case a shareholder has more than one folio in the same name or with identical names in the same order of joint holders, a request for consolidation of the folios into a single folio should be sent to the Share Transfer Agent.
  • Shareholders should provide:
    • Requisition letter duly signed by all holders, indicating the folio number into which the total holding should be consolidated.
    • Share Certificates in original.

Q.  What is the procedure in case a shareholder wishes to split / consolidate the share certificates?

  • A request to split / consolidate share certificates should be sent to the Share Transfer Agent.
  • Shareholders who wish to convert their holdings into marketable lots should provide:
    • Share certificates in original.
    • Requisition letter duly signed by all holders.
  • Similarly, shareholders who wish to obtain consolidated share certificates of denominations of their choice should provide:
    • Share certificates in original
    • Requisition letter duly signed by all holders.

Q.  What is the procedure for change in the names of individual shareholders?

  • A request for a change in the name of individual shareholders should be sent to the Share Transfer Agent.
  • For such changes the shareholder should provide:
    • Copy of notification in official gazette or a newspaper or an affidavit drawn on stamp paper of appropriate value or a duly sworn copy of marriage certificate / decree of divorce duly attested by competent authorities, where the change in name is consequent upon marriage, divorce, etc.
  • Share certificates in original
  • Fresh specimen signature duly attested by a banker.

Q.  What is the procedure for change of address / bank details?

  • Request for change is address/ bank mandate details should be sent to the Share Transfer Agent in the prescribed format duly signed by sole holder/ first holder/ all joint holders.