Operational guidelines for Transfer and Dematerialization of re-lodged physical shares

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..... lodgment of transfer requests and has stipulated that such transferred shares shall be issued only in demat mode. 2. In this regard the operational guidelines for crediting the transferred shares into the respective demat account of the investor, with inputs from stakeholders, are as under; i. Guidelines to credit the transferred physical shares in demat mode: a. Subsequent to processing of the re-lodged transfer request, the RTA shall retain the physical shares and intimate the investor (transferee) about the execution of transfer through Letter of Confirmation. This letter shall be sent through Registered / Speed Post or through email with digitally signed letter and shall, inter-alia, contain details of endorseme .....

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..... d b) bring the provisions of this circular to the notice of their participants and also disseminate the same on their websites. 4. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 , to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 5. The Stock Exchanges are advised to bring the provisions of this circular to the notice of listed companies and also to disseminate the same on their websites. Yours faithfully Deepak Trivedi Chief General Manager Tel. no: 022-26449753 Email id: [email protected] Annexure A .....

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..... this letter in original to your DP along with the DRF for enabling your DP to raise a Demat Request Number ( DRN ). In case you do not have a demat account, kindly open one with any DP. Please note that you can open Basic Service Demat Account at minimal / nil charges. Please note that this letter is valid only for a period of 90 days from the date of its issue within which time you have to raise demat request with the DP as above. Any request for demat processing after this date will not be entertained and as per the operating guidelines issued by SEBI, the subject shares shall be transferred to a Suspense Escrow Demat Account of the company. Further, please note that in terms of SEBI Circular No. SEBI/HO/MIRSD/DOS3/CIR/P/2 .....

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