When a shareholder passes away, their shares must be legally transferred to their legal heirs, nominee, or joint holder through a process called Transmission of Shares. Unlike a normal share transfer, transmission is involuntary and happens due to the death of the shareholder.
📌 Why is Share Transmission Important?
✔ Ensures legal ownership of shares after the shareholder’s death
✔ Helps family members claim dividends, bonuses & voting rights
✔ Required to dematerialise inherited physical shares
✔ Prevents shares from getting transferred to IEPF (Investor Education & Protection Fund)
🚀 Need Assistance in Share Transmission? We Handle the Entire Process for You!
✔ SEBI mandates that share transmission must be completed within 21 days of application.
✔ If the deceased shareholder had a joint holder, the shares automatically transfer to the surviving holder.
✔ If there is no nominee or joint holder, the legal heir must provide Succession Certificate or Probate of Will.
✔ Physical shares must be converted into demat after transmission.
📌 SEBI & RTA guidelines can be confusing – Let Our Experts Guide You!
❌ No Nominee Registered – Legal heirs must provide additional documents
❌ Lost or Missing Share Certificates – Need duplicate share certificate first
❌ Legal Disputes Between Heirs – Court-issued succession certificate required
❌ Signature Mismatch in RTA Records – Leads to re-verification & delays
❌ Shares Transferred to IEPF – Need to file IEPF-5 claim for recovery
👉 Facing Any of These Issues? We Provide Expert Solutions!
✔ Original Physical Share Certificates
✔ PAN Card Copy (Self-Attested)
✔ Aadhaar Card or Address Proof
✔ Dematerialisation Request Form (DRF)
✔ Client Master Report (CMR) from DP
✔ Signature Verification (If Required by RTA)
💡 Tip: Ensure all documents are self-attested to avoid delays.
✔ Death Certificate of Deceased Shareholder (Notarized Copy)
✔ PAN & Aadhaar of Nominee / Legal Heir
✔ Transmission Request Form (TRF)
✔ Original Share Certificates (If in Physical Form)
✔ Succession Certificate or Probate of Will (If No Nominee is Registered)
✔ No Objection Certificate (NOC) from Other Legal Heirs (If Applicable)
✔ Client Master Report (CMR) of Legal Heir’s Demat Account
📌 We Handle Documentation & Ensure Quick Approval!
✅ Legal Documentation Support – Avoid rejections & delays
✅ Faster Processing – Get shares transferred within 21-30 days
✅ Help in Getting a Succession Certificate – If no nominee is registered
✅ Lost Share Certificate Recovery – Apply for duplicate certificate before transmission
✅ Assistance in IEPF Claim Filing – If shares are transferred to IEPF
📌 We Make Share Transmission Hassle-Free for You!
