Frequently asked questions (FAQs).

I. TRANSFER OF SHARES-

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

The stamp duty applicable on share transfer is @ 0.25% 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.

(ii) 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.

(iii) 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.

(iv) What is the Procedure for splitting of a share certificate into share certificates representing small number of shares?

Shareholder may write to the Company enclosing the relevant share certificate for splitting into smaller lots. The share certificates, after splitting, will be sent by the Company to the shareholders at the shareholder’s address registered with it.

(v) How can I get the various share certificates consolidated into a single certificate?

Shareholders having share certificates in various denominations under the same folios are required to send all the certificates to the Company for consolidation into a single certificate. In case the shares are not held in more than one folio but all the folios are in the same order of names, you need to write to Company seeking consolidation of folios.

(vi) Would like to gift some shares to my children/relatives. How do I get them registered in their names? Does it involve stamp duty?

The procedure of registration of gift of shares is the same as the procedure for a normal transfer. Stamp duty is also applicable in case of gifted shares @ 0.25% of the market value prevailing on the date of execution of the transfer deed by the transferee. 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.

II. DEMATERIALISATION OF SHARES+
III. NOMINATION OF SHAREHOLDING+
IV. TRANSMISSION OF SHARES+
V. CHANGE OF ADDRESS+
VI. DIVIDEND+
VII. LOSS OF SHARECERTIFICATE+
VIII. GREEN INITIATIVE+
IX. MISCELLENOUS+