For transferring of physical shares one first need to get the physical shares to Dematerialized form. It can by done by:
- Choose a depository participant (DP) and open a Demat account.
- Once you have a Demat account, fill the Dematerialization Request Form (DRF)
- Submit the certificates of the physical shares you want to Dematerialize and the DRF to the DP.
- Your DP will then send an electronic request to the Registrar and Transfer agent.
- The Registrar and Transfer agent will verify the certificates, form and your personal information documents.
- The company whose shares you own will replace your name in their Register of Members with the depository’s name.
- And once the Company’s Register of Members has been updated you will receive a confirmation regarding the transfer of Dematerialized shares to your Demat account.
Shares & dividends worth several crores are lying unclaimed either in the form of physical shares or have been transferred to the Investor Education Protection Fund Authority due to dividends lying unclaimed for several years. These shares belong to lakhs of investors or deceased shareholders who hold them either in physical form or in dormant Demat accounts. Physical share don't worry, we helps you in open a Demat Account anywhere with minimum hassle. We help investors to convert physical shares to Demat and Dematerialized as well
