Transmission of Shares

Transmission of shares can take place on the strength of Succession Certificate/ Probate / Letters of Administration/ Indemnity Bond & Affidavit.

Application signed by the legal Heir(s) together with Succession Certificate/ Probate / Letters of Administration/ Indemnity Bond & Affidavit , copy of PAN card, Address Proof and Signature verification by the Bank.

- In case of a deceased shareholder who held shares in his/ her own name (single) and had left a Will, the legal heir(s) will have to get the Will probated by the Court of competent jurisdiction and then send to the Company’s RTA a copy of the probated Will, along with relevant details of the shares and the relevant share certificate(s) in original.

- In case the shareholder dies intestate (without a Will), the heirs will have to get the succession certificate from the Court of competent jurisdiction and then send to the Company’s RTA a copy of the Succession Certificate, along with an attested copy of Death Certificate, relevant details of the shares and share certificate(s) in original.