TSR Darashaw Private Limited - payroll, registry: Frequently Asked Questions:TSRDL, Share, TSR Darashaw, Payroll, Outsourcing, Provider, payroll Process,payroll services, Processing, Provident Fund, Business, BPO, Financial, Transaction, Processing, Trust, Fund, HRIS, HRMS, HR Software, Human, Resource, Information, System, Management, Registrar, Depository, Fixed Deposit, Share Registry Services, Registrar and Transfer agents, Corporate, Fixed, Deposit, Client, Relationship, Product, Record management, Warehouse, Facility, Retrieval, Storage, Catalogue, Equity, Preference, Shares, Debenture, Bonds, odd lot, Commercial, paper, ECS, Demat, Remat, Dematerialize, Rematerialize, Inter Depository, Customer, Client, Shareholder, Insider, Trading, Statutory, AGM, Annual General Meeting, Book closure, NSDL, CDSL, National Securities Depository Limited, Central Depository Services Limited, Electronic, Connectivity, Customer Relationship Manager, ISO, certification, Change, Address, Name, duplicate, lost, Transmission, Amalgamation, split, subdivision, RTA, Investor, Service, Dividend, Interest, Privately, Placed, Issue, Open Offer, Transaction, Processing, Loans, Back Office, Corporate, Benefits, Poll, SEBI, India, Mumbai, Delhi, Calcutta, Ahmedabad, Bangalore
Search
TSR Darashaw Home | Home | Company Profile | Addresses | Product and Services | Our Customers | Notice Board | Career With Us | Sitemap
Share Transfer & Registry Services Depository Connectivity Services Customer Relationship Management Services Other Related Services Corporate Information Center Login
Share Transfer & Registry Services
Frequently Asked Questions
I. On Transfer
A.What care should I take while buying or selling securities?
B.How do I transfer physical securities to my name?
C.What amount of stamp duty should I affix on the transfer deed?
D.Why should I keep securities in joint names?
E.If I wish to add the name of my spouse, children or any other person, OR gift the shares, what procedure should I follow?
F.Can I avail the nomination facility?
II.On Transmission
A.If the holding is in joint names and either of the holders is deceased, what is the procedure for deletion of name?
B.Along with the deletion of the deceased holder's name, can I add another joint holder?
C.I am the legal heir / executor in respect of the sole holder who is now deceased. How do I transmit the securities?
III.On Transposition
A.Can I interchange the order of names for my holdings?
IV.On Amalgamation/Consolidation
A.I have multiple folios, can I amalgamate the accounts?
B.I have certificates in various denominations, can these be consolidated into a Single certificate?
V.On Change of Specimen Signature
A.Over a period of time, my signature has changed, what should I do to register my new signature in your records?
VI.On Change of Address
A.How do I record a change in my address?
VII.On Loss of Securities
A.What should I do if my share/debenture certificates are lost/stolen?
VIII.On Tax Deduction
A.I am not a taxpayer, am I required to file a declaration for non-deduction of tax at source for my dividend/interest amount?
B.How do I obtain a duplicate Tax Deduction certificate?
IX.On Mandate/NECS
A.What are the ways I can receive the payments like dividend/interest amounts etc due to me?
B.How do I get my bank details incorporated on future warrants sent to my registered address?
C.How do I avail of the NECS Scheme introduced by Reserve Bank Of India (RBI) ?
X.On Old/time-barred instruments/unclaimed dividend/interest
A.I have an old warrant which I forgot to encash and is now time-barred? Can I still obtain the amount due to me?
B.When is unclaimed dividend/interest amount transferred to the General Revenue Account/Investor Education Protection Fund of the Central Government ?
XI.On Issue of New Certificates
A.How do I collect the new certificates issued on Exchange/ Sub-division for some companies that I have not collected earlier?
XII.On Dematerialisation/Rematerialisation
A.How do I open an account with a Depository and will I be periodically informed about the movement in my electronic account?
B.How do I convert my paper certificates into an electronic holding and will I continue to receive corporate benefits?
C.How do I trade (buy / sell) in electronic form?
D.How can I reconvert my electronic holding into paper form?
XIII.On Change of Name
A.How do I apply for change of name?
XIV. What is..
A.What is Transmission?
B.What is Consolidation?
C.What is Amalgamation?
D.What is a Split?
E.What is a Subdivision?
F.What is a Merger?
G.What is Dematerialization?

For any queries not covered herein, please refer to TSRDL for clarifications, quoting your Reference Folio No.

Disclaimer: TSR Darashaw Private Limited endeavors to ensure that the data and other material in this web-site are correct and complete, but does not accept liability for any error made or omission from this web-site. TSR Darashaw Ltd. shall not be liable for any claims or losses of any nature, arising indirectly or directly from use of the data or material on this site or unauthorized access to this site or otherwise howsoever arising (except to the extent required by law).


I. On Transfer

A.What care should I take while buying or selling securities?
Purchase or sell securities only through authorized stockbrokers duly registered with Stock Exchanges. Ensure that you receive a Contract Note for all transactions. The broker's stamp with the SEBI registration/Code number should be affixed on the reverse of the transfer deed(s).

For securities held in electronic form, please contact your depository participant.

B.How do I transfer physical securities to my name?
You will have to execute a transfer deed. The required details have to be filled in, the transferor(s) and transferee(s) have to sign in the space indicated and the signature(s) of the transferor(s) needs to be witnessed. Self certified copy of the PAN Card of the transferee(s) needs to be submitted along with the transfer deed(s) and Stamp duty has to be affixed.

Blank transfer forms would be available with your local stockbroker / Stock Exchange.

C.What amount of stamp duty should I affix on the transfer deed?
For Shares, stamp duty @ 0.25% of the market value or the consideration amount (whichever is higher) should be affixed on the transfer deed. The rate per share can be picked up from any newspaper. The date for which the rate is picked up must be the same as the execution date mentioned on the transfer deed. In Mumbai, deeds may be franked at Bank of India, Stock Exchange Building, 1st Floor, Mumbai 400001.

Special note: With effect from 1.7.02, for transactions in physical form, the Government of Maharashtra has banned the sale and use of share transfer stamps. The Government has started putting their stamp by using franking machine at the Stamp Office. For transactions executed in Maharashtra, instead of affixing share transfer Stamps, stamp duty @ 0.25% of the market value or the consideration amount (whichever is higher) should be franked on the transfer deed.

Electronic transactions do not attract any stamp duty, however each Depository Participant may levy a transaction charge. The rate should be confirmed with your depository participant beforehand.

D.Why should I keep securities in joint names?
It is advisable to register securities in joint names in order to facilitate Succession.

E.If I wish to add the name of my spouse, children or any other person, OR gift the shares, what procedure should I follow?
Addition of the name of a joint holder OR gifting of shares to,even a family member, is considered a "Transfer" and attracts stamp duty. A regular transfer deed would be required to be executed. Blank transfer forms would be available with your local stockbroker / Stock Exchange. (Please refer question no.I.C. for stamp duty payable.)

For securities held in electronic form, please contact your depository participant.

F.Can I avail the nomination facility?
Yes, you can. For securities held in physical form, you may nominate a person by completing Form 2B and registering the same with TSR Darashaw Limited(TSRDL)

For securities held in electronic form, please contact your depository participant.

Important points to note

  • Validity of the transfer deed
    • for shares of listed Companies:- within one year of the date of presentation or commencement of book closure of the Company, whichever is later.
    • for shares of unlisted Companies:- within two months of the date of presentation.
    • for debentures :- for an indefinite period.
  • SEBI has notified vide its Circular No. MRD/DoP/Cir-05/2009 dated 20th May,2009 that it is mandatory for all transactions in the securities market including transfer of shares in physical form of listed Companies to be accompanied with copies of PAN Cards of ALL the transferees.
    Please therefore attach self certified copies of PAN Cards of ALL the transferees alongwith the transfer deed.
  • Keep photocopies of certificates, transfer deeds and other documents sent by post to TSRDL. In case of a loss in transit, they come handy.
  • Always include your complete address along with pin code while filling in the transfer deed / opening an account with a depository participant.

II.On Transmission

A.If the holding is in joint names and either of the holders is deceased, what is the procedure for deletion of name?
Please submit the following:-

1.An attested copy of the death certificate of the deceased holder. Attestation on the death certificate should be done by Bank Manager under his full name, designation with full address and seal of the bank OR by Notary Public/ 1st Class Magistrate under their official seal, full name, address , Notarial/ Court fee stamp and registration no., as applicable.
2. Relevant certificates for the securities to be transmitted.
3. Prescribed transmission form available with TSRDL,(can also be downloaded from TSRDL website www.tsrdarashaw.com)duly completed and signed by the survivor(s),whose signature(s) should be attested by his/their Bank manager under his full name, designation with seal of the bank bearing its name and address.The name of the deceased holder can be deleted from the Company's records as well as from the certificates.
4.Self certified copy of the PAN Card of the surviving holder(s).

For securities held in electronic form, please contact your depository participant.

B.Along with the deletion of the deceased holder's name, can I add another joint holder?
Yes, you can, but the transaction would be treated like a normal transfer and would attract stamp duty.
Please submit the following:-

1.An attested copy of the death certificate of the deceased holder. Attestation on the death certificate should be done by a Bank Manager under his full name, designation with full address and seal of the bank OR by Notary Public/ 1st Class Magistrate under their official seal, full name, address , Notarial/ Court fee stamp and registration no., as applicable.
2.Relevant certificates for the securities
3.Duly executed transfer deed.. (Please refer to the question no I.C. under the header 'On Transfers ' for stamp duty payable.)
4.Self certified copies of the PAN Cards of all the transferees.

For securities held in electronic form, please contact your depository participant

C.I am the legal heir / executor in respect of the sole holder who is now deceased. How do I transmit the securities?
Please submit the following:-

1.An attested copy of the death certificate of the deceased holder alongwith attested copy of Succession Certificate or Probate of Will or Letter of Administration obtained in respect of the sole holding.Attestation on the above documents should be done by a Bank Manager under his full name, designation with full address and seal of the bank OR by Notary Public/ 1st Class Magistrate under their official seal, full name, address , Notarial/ Court fee stamp and registration no., as applicable.
2.Relevant certificates for the securities to be transmitted.
3. Prescribed transmission form available with TSRDL,(can also be downloaded from TSRDL website www.tsrdarashaw.com)duly completed and signed by the legal heir(s)/executor(s) whose signature(s) should be attested by his/their Bank manager under his full name, designation with seal of the bank bearing its name and address.
4.Self certified copy of the PAN Card of the legal heir(s)/executor(s).

In case you do not have any such form of Legal Representation, please write to TSRDL for further advice.

For securities held in electronic form, please contact your depository participant.

Important points to note

    Further to the SEBI Circular no. MRD/DoP/Cir-05/2009 dated 20th May, 2009, they have clarified vide their Circular no. SEBI/MRD/DoP/SE/RTA/Cir-03/2010 dated 7th January, 2010 that it shall be mandatory to furnish copies of PAN cards also in the following cases-
    a)Deletion of name of the deceased shareholder(s), where the shares are held in the name of two or more shareholders.
    b)Transmission of shares to the legal heir(s), where deceased shareholder was the sole holder of shares.
    Please therefore attach self certified copies of PAN cards of ALL the survivors/ legal heirs/ executors alongwith the transmission form.

III.On Transposition

A.Can I interchange the order of names for my holdings?
Yes, you can. For securities held in physical form, please submit the following:-

1.Prescribed transposition form available with TSRDL,(can also be downloaded from TSRDL website www.tsrdarashaw.com) duly completed and signed by ALL the holders whose signature(s) should be attested by his/their Bank manager under his full name, designation with seal of the bank bearing its name and address.
2.Relevant certificates for the securities
3.Self certified copies of the PAN Cards of all the holders.

In case you wish to interchange the order of the names for the purpose of dematerialising your securities, the form OA (available with your depository participant) may be duly completed in the desired order of names and submitted to them with the Dematerialisation Request Form and the certificates.

For securities held in electronic form, please contact your depository participant.

Important points to note

  • You can transpose full or part of the holdings.
  • Further to the SEBI Circular no. MRD/DoP/Cir-05/2009 dated 20th May, 2009, they have clarified vide their Circular no. SEBI/MRD/DoP/SE/RTA/Cir-03/2010 dated 7th January,2010 that it shall be mandatory to furnish copies of PAN cards also for Transposition of shares i.e. when there is a change in the order of names in which physical shares are held jointly in the names of two or more shareholders.
    Please therefore attach self certified copies of PAN cards of ALL the holders alongwith the transposition form.

  • IV.On Amalgamation/Consolidation

    A.I have multiple folios, can I amalgamate the accounts?
    Yes, you can. If you have more than one folio registered with same address and identical names which are in the same order, please submit the following:-

    1. Prescribed amalgamation form available with TSRDPL,(can also be downloaded from TSRDPL website www.tsrdarashaw.com) duly completed and signed by ALL the holders whose signature(s) should be attested by his/their Bank manager under his full name, designation with seal of the bank bearing its name and address.
    2.Relevant certificates pertaining to the folio having the smaller holdings. Do not send the certificates pertaining to the larger holdings, into which account the multiple folio is being amalgamated
    3.Self certified copy of the PAN Card of the holder(s).

    For securities held in electronic form, please contact your depository participant.

    B.I have certificates in various denominations, can these be consolidated into a Single certificate?
    Yes you can.Please send us the certificates, provided they are under the same folio, alongwith a covering letter to TSRDL. If they are not under the same folio, but have the same order of names, please follow the procedure mentioned for amalgamation of the accounts to facilitate consolidation into a single certificate.

    V.On Change of Specimen Signature

    A.Over a period of time, my signature has changed, what should I do to register my new signature in your records?
    To register your new signature, an Affidavit to this effect is required to be executed, as per the attached draft. Please follow the instructions detailed in the top portion of this draft.This is applicable only for holdings in physical form.

    For securities held in electronic form, please contact your depository participant

    VI.On Change of Address

    A.How do I record a change in my address?
    For securities held in physical form a letter duly signed by the holders stating the new address and all the folio nos. must be sent to TSRDL. You must ensure that the signatures of the holders is as per the specimen signatures registered with TSRDL. A computerized acknowledgement will be sent to your new address confirming the updation of the change in our records.

    In case you have dematerialized your holdings, please write to your depository participant immediately and ensure that you receive a confirmation of them having noted your new address.

    VII.On Loss of Securities

    A.What should I do if my share/debenture certificates are lost/stolen?
    Please immediately send a letter signed by the holders as per the specimen signatures registered with TSRDL intimating loss of certificates.It is advisable to lodge a complaint with the local Police Station.
    Kindly send TSRDL an acknowledged copy of the Police Complaint / FIR for advice on further course of action.

    The intimation / Police complaint / FIR should state:

    • Name of the Company.
    • Your full name,address and Folio No. as recorded with TSRDL.
    • The distinctive number(s) of the certificate(s) and the total no. of shares that are missing.

    If the details/documents as mentioned above are correctly provided, the documents to be executed for issue of duplicate certificates will be sent to you.

    Important points to note

  • If you do not know the distinctive number(s) of the missing certificate(s) please provide the distinctive number(s) of the certificates still in your possession.
  • If the certificate(s) is/are stolen,it is mandatory to submit the acknowledged copy of the Police complaint / FIR
  • In case you trace your certificate(s), please inform TSRDL immediately vide a letter signed by the holders as per the specimen signatures registered with TSRDL so as to avoid any complexity/delay in future transactions

  • VIII.On Tax Deduction

    A.I am not a taxpayer, am I required to file a declaration for non-deduction of tax at source for my dividend/interest amount?
    As per the Finance Bill, tax will be deducted at source at the prescribed rates, if the amount due to you exceeds Rs.2500 (the current threshold limit). In case you are not a tax-payer/not liable for deduction of tax at source, a declaration in Form 15G for claiming tax exemption from dividend or interest paid on debentures is required to be submitted to TSRDL. For a resident individual who is of the age 65 years or more, this declaration is to be made in Form 15H.

    Form 13 for Non-Residents and Form 13/15G/15C/tax exemption certificate issued by Income tax authorities for Corporates, as applicable, will be required to be submitted.

    ( CURRENTLY DIVIDEND AMOUNTS ARE NOT TAXABLE )

    Important points to note

  • Self certified copy of the PAN Card of the declarant must be sent along with the tax exemption form, without which the declaration becomes invalid.
  • The duly completed forms may please be sent by the 1st of April every year to avoid missing out on book closure/record dates due to oversight.
  • Forms15H/15G are valid for only one financial year and fresh declaration has to be submitted every year

    B.How do I obtain a duplicate Tax Deduction certificate?
    Please write, giving:-

    • Details of the Tax Deduction Certificate that you require.
    • Name of the Company in which you hold the securities.
    • Your full name and address .
    • Your folio number, which will be available from the share/debenture certificate(s) or dividend/interest warrant(s)
    • Payment date(s) and financial year

    For any queries not covered herein, please refer to TSRDL for clarifications, quoting your Folio No.

  • IX.On Mandate/NECS

    A.What are the ways I can receive the payments like dividend/interest amounts etc due to me?
    The options to receive corporate benefits like dividend / interest etc. are listed below:

    • The instrument can be mailed to your address as recorded with TSRDL for physical holdings or to the address as downloaded to TSRDL by your depository participant for electronic holdings
    • The net amount due to you can be credited electronically to your bank account based on the NECS instructions submitted to TSRDL for physical holdings,or as downloaded to TSRDL by your depository participant for electronic holdings.
    Please ensure that the bank account details provided are correct and complete to avoid delay in credit.

    Advantages of Credit through NECS :-
    • Ensures receipt of your payment in the designated bank account on the payment date, thus maximizing interest.
    • Ensures receipt of payment even if the change in your address has not been notified to TSRDL / depository participant.
    • Minimizes risk of misappropriation.
    • Precludes the need for you to deposit the payment cheque into a bank account.

      B.How do I get my bank details incorporated on future warrants sent to my registered address?
      For securities held in physical form a letter duly signed by the first holder specifying the folio number, banker's name, address, account type and account number must be sent to TSRDL. You must ensure that the signature of the first holder is as per the specimen signature registered with TSRDL.

      For securities held in electronic form, bank details would need to be intimated by you to your depository participant and not to the Company or TSRDL.

      C.How do I avail of the NECS Scheme introduced by Reserve Bank Of India (RBI) ?
      To avail of NECS facility, for securities held in physical form, a request letter in the prescribed format available with TSRDL, (can also be downloaded from TSRDL website) duly signed by the first holder must be sent to TSRDL. You must ensure that the signature of the first holder is as per the specimen signature registered with TSRDL.Your request letter should also include/enclose the following details:

      1. Your Folio Number
      2. Name and address of the bank branch
      3. Account type and CBS Account Number.
      4. Photocopy of the cancelled cheque leaf reflecting the 9 Digit MICR code and IFSC of the bank.

      For securities held in electronic form, bank details would need to be intimated by you to your depository participant (DP) and not to the Company or TSRDL.

      Important points to note

    • The NECS facility operates on the new and unique bank account number allotted by banks post implementation of Core Banking Solutions (CBS) for centralized processing of credit instructions.
    • In case payment through NECS facility is not possible for your account (either your Bank Branch may not be supporting CBS or your new account number allotted by your bank after implementation of CBS has not been recorded), the amount due to you would be remitted by way of a physical instrument which would be posted to your registered address with the bank details printed thereon

    X.On Old/time-barred instruments/unclaimed dividend/interest

    A.I have an old warrant which I forgot to encash and is now time-barred? Can I still obtain the amount due to me?
    Yes, you can. Provided the amount is not transferred to the General Revenue Account of the Central Government or the Investor Education and Protection Fund (Refer X B for details).
    Please mail the outdated instrument to TSRDL to enable issue of a fresh instrument, if the amount reflects an outstanding status in the records of the Company. The fresh instrument will be mailed to the address as recorded with TSRDL. In case there is a change in address to be registered, please refer to instruction under "On change of address"

    B.When is unclaimed dividend/interest amount transferred to the General Revenue Account/Investor Education Protection Fund of the Central Government ?
    As per Section 205(A) of the Companies Act, all unclaimed and unpaid dividend maintained in the separate dividend account of the Company was to be transferred to the General Revenue Account of the Central Government after the prescribed period of approximately 3 years. Prior to such transfer, an intimation requesting the investor to claim the amount was always sent by TSRDL. In spite of this, if an investor did not make the claim, the outstanding dividend amount would get transferred to the Central Government after the stipulated period. Any claim thereafter would have to be made to the Registrar of Companies in the prescribed form available with TSRDL.

    However as per the Amendment vide the Companies (Amendment) Ordinance, 1998, Section 205 (A) of the Companies Act 1956, this clause has been amended with effect from 31st October, 1998. Accordingly, all unclaimed Dividend / Interest / Principal / Maturity amounts on Deposits/ Debentures after expiry of 7 years from the date they were due for payment shall be transferred to Investor Education and Protection Fund. ("THE FUND").
    No investor can claim this amount thereafter from the Fund.

    XI.On Issue of New Certificates

    A.How do I collect the new certificates issued on Exchange/ Sub-division for some companies that I have not collected earlier?
    Please send the old certificates along with a covering letter duly signed by the first holder as per the specimen signature registered with TSRDL. The new certificates will be mailed to the address as recorded with TSRDL. In case there is a change in address to be registered, the covering letter should specify the same.

    XII.On Dematerialisation/Rematerialisation

    A.How do I open an account with a Depository and will I be periodically informed about the movement in my electronic account?
    You may open an account with a depository participant (DP) of your choice. As an investor you will interact with National Securities Depository Limited (NSDL) or Central Depository Services Limited.(CDSL) through your Depository Participant. Your DP will allot you an account number which will serve as a reference for all your future dealings with them. It may be advisable to be aware of the rates that will be charged to you by your DP for various activities.
    Your DP will update your account after each transaction, and would periodically furnish you with a statement of holding. You may verify this with them at the time of opening your electronic account.

    B.How do I convert my paper certificates into an electronic holding and will I continue to receive corporate benefits?
    To dematerialize your holding, you should first have an account with a DP of your choice. You may then hand over to your DP, the certificates along with the 'Dematerialisation Request Form' (DRF). Only the securities registered in your name can be submitted for dematerialization. Your DP will then send the DRF and the certificates to TSRDL and an electronic request will also be sent through the NSDL/CDSL network reconfirming the same. TSRDL will verify the documents and if found in order, the dematerialization request will be confirmed to NSDL/CDSL who will in turn inform your DP. In the books of the Company, your folio with TSRDL will be debited and the account of NSDL/CDSL will be credited in respect of such dematerialized securities. NSDL/CDSL in their electronic records will credit the account of your DP who will then credit your account with the number of securities that have been dematerialized and the securities will thereafter be held in electronic form. This process would take approximately 15-20 days.

    All the corporate benefits such as dividend, interest, bonus shares, rights shares will be issued by TSRDL to the beneficial owners i.e. the accountholders who hold the securities in electronic form. The dividend/interest amounts as and when declared/issued will be sent to you/your bankers directly. The entitlement of rights and bonus shares/debentures wherever applicable, will be credited to the beneficiaries accounts as per the investors' option and the terms of the issue.

    C.How do I trade (buy / sell) in electronic form?
    You may buy and sell securities in electronic form through the depository by coordinating with your broker and your DP. Such transactions would be simpler and faster. Payments for such transactions would be made in the same way as is done for physical certificates. Securities purchased in electronic form are credited to your account on the very next day of payout with no formalities of filling transfer deeds or applying to the Company for registration. All such transactions are exempt from stamp duty and accordingly no share transfer stamps are required to be affixed.
    Such transactions are not routed through the Company and the debit/credit takes place directly in the Depository System. However, corporate benefits would be paid to the person holding such securities on the Record date/Book closure date as applicable.

    D.How can I reconvert my electronic holding into paper form?
    As per the existing guidelines, an investor can choose to reconvert his electronic holding into physical form at any time through his DP. On receipt of the rematerialisation request along with the 'Remat Request Form' (RRF) the Company will issue fresh certificates.

    XIII.On Change of Name

    A.How do I apply for change of name?
    A. Individuals

    Please submit the following

    Consequent to marriage / divorce / attaining majority, please submit the following:-

  • Attested copy of the marriage certificate or Government Gazette / divorce decree / birth certificate or school leaving certificate or passport as the case may be,duly attested by a Bank Manager under his full name, designation with full address and seal of the bank OR by Notary Public / 1st Class Magistrate under their official seal, full name, address, Notarial/ Court fee stamp and registration no.as applicable
  • Relevant Certificates for the securities.
  • Prescribed transmission form available with TSRDL, (can also be downloaded from TSRDL website www.tsrdarashaw.com) duly completed and signed by the holder(s)whose signature(s) should be attested by his/their Bank Manager under his full name, designation with seal of the bank bearing its name and address. The signature(s) of the investor(s) whose name(s) is to be changed should be the current/changed signature(s)
  • Self attested copy of the PAN card of the holder(s).

    For securities held in electronic form please contact your depository participant

    Important Points to note

    Further to the SEBI Circular no. MRD/DoP/Cir-05/2009 dated 20th May,2009, they have clarified vide their Circular no. SEBI/MRD/DoP/SE/RTA/Cir-03/2010 dated 7th January, 2010 that in case of mismatch in PAN card details as well as difference in maiden name and current name(in case of married women) of the investors. The RTAs can collect the PAN card as submitted by the transferee(s). However, this would be subject to the RTAs verifying the veracity of the claim of such transferee(s) by collecting sufficient documentary evidence in support of the identity of the transferee(s) as provided for at para 2 in the SEBI circular no. MRD/DoP/Dep/Cir-29/2004 dated August 24,2004 read with SEBI circular no. MRD/DoP/Cir-08/2007 dated June 25,2007.

    B. Corporate

    Consequent to Change in Name of the Company , please submit the following:-

    • Certified Copies of :
      • Certificate of Incorporation on Change of Name
      • Memorandum and Articles of Association
      • Board Resolution alongwith list of authorized signatories duly attested either by Director / Company Secretary
      • Relevant certificates for the securities.
      • Prescribed transmission form available with TSRDL (can also be downloaded from TSRDL website www.tsrdarashaw.com)duly completed and signed by the authorized signatories.
      • Copy of the PAN card in the new name of the Company attested either by Director / Company Secretary.

  • XIV. What is..

    A.What is Transmission?
    The process of deleting a deceased person's name from the Company's records as well as from the certificates is called Transmission.

    B.What is Consolidation?
    The process by which a single certificate is issued in lieu of multiple share certificates of smaller denominations is submitted by the investor is called Consolidation. The denomination of the single certificate issued will be the sum of the smaller denominations of the multiple certificates, provided they are under the same folio.

    C.What is Amalgamation?
    The process by which an investor can merge the holdings of multiple folios (provided the names are identical and are in same order) into a single folio is called Amalgamation.

    D.What is a Split?
    The process by which multiple certificates are issued in lieu of a single certificate is called Split. The sum of the denominations of the multiple certificates issued will be that of the single certificate.

    E.What is a Subdivision?
    When the face value of the share of a Company is split into smaller denominations, the share is said to be subdivided e.g. a share of Rs.100/- each may be subdivided into 10 shares of Rs.10/- each.

    F.What is a Merger?
    Whenever a company buys another company or companies or performs a deed whereby the shareholders of the acquired company automatically become the shareholders of the parent company then such an activity is called a Merger.

    G.What is Dematerialization?
    This is a process whereby the holdings held in physical form are converted to Electronic form



    TSR Darashaw Home | Home | Company Profile | Addresses | Product and Services | Our Customers | Notice Board | Career With Us | Sitemap
    Disclaimer ©2008 TSR Darashaw Private Limited. All rights reserved.