1. I am holding shares under multiple share certificates; can I consolidate them into one share certificate?

Yes, you can. Shareholders having various share certificates under the same folio should send a duly signed request letter along with all the certificates to RTA for consolidation of all the shares into a single certificate. In case the shares are held in joint names, all the share certificates shall have the same order of shareholding.

 

2. My shares are held under multiple folios, can I consolidate them into one folio?

If the shares are held under different folios, but have the same order of names (in case of joint holding), the shareholder should send a duly signed request letter along with all relevant share certificates to RTA for consolidation into one folio.

 

3. What are the advantages of consolidation of share certificates/ folios?

Consolidation of share certificates/ folios help in saving costs in the event of dematerialization of shares and also provides convenience in holding the shares physically. This will help the shareholders to monitor their holdings efficiently.