1. How can I get the shares transmitted of my deceased relative who has left a will in my name?

In case of a deceased shareholder who held shares in his/ her own name (single) and had left a Will, the legal heir(s) will have to get the Will probated by the Court of competent jurisdiction and then send to the RTA attested copy of the probated Will, death certificate of deceased, copy of PAN card, Address Proof and Signature verification by the Bank and the relevant share certificate(s) in original.


Shareholders holding shares in dematerialized form are requested to contact the concerned DP for transmission of shares.

 

2. I am the legal heir of the deceased shareholder, how can I get the shares transmitted in my name if the shareholder has not left a will?

In case the shareholder dies intestate (without a Will), the heirs will have to get the succession certificate from the Court of competent jurisdiction and then send to the RTA attested copy of the Succession Certificate, along with an attested copy of Death Certificate, copy of PAN card, Address Proof and Signature verification by the Bank and share certificate(s) in original.


Shareholders holding shares in dematerialized form are requested to contact the concerned DP for transmission of shares.

 

3. Is stamp duty payable on transmission of shares?

No stamp duty is payable on transmission of shares.