FREQUENTLY ASKED QUESTIONS

What is the stamp duty on shares? Where do I get these stamps?

The stamp duty applicable on share transfer is @ 0.015% on the market value of the shares on the date of execution of the transfer deed. You can contact the nearest “General Stamp Office” or under online payment of stamp duty through https://.gras.mahakosh.gov.in for getting the Transfer deeds stamped. However, please note that SEBI vide its press release dated December 03, 2018 has mandated that the transfer of securities would be carried out in dematerialized form only w.e.f. April 1, 2019.

Where should I send the shares for transfer / transmission? Can I hand it over at your Branch Office?

The process of registration of share transfer/ transmission is carried out only at our R&T Agent, alternatively, you may lodge the share transfer/ transmission documents at the Secretarial Department of the Company. Their contact details are provided under “Investor Grievances” in the Investors Section on this website. However, please note that SEBI vide its press release dated December 03,2018 has mandated that the transfer of securities would be carried out in dematerialized form only w.e.f. April 1, 2019.

How do I add another person as a joint-holder to my shareholding? What is the procedure that I should follow?

To add a joint-holder name to your shareholding, please execute a stamped transfer deed and submit the same to the Investor Service Counter for transfer. Please note that such additions amount to a change in ownership of shares and the transfer procedure explained above has to be followed.