FAQ

DEPOSITORY REGISTRARS JOB SCOPE OF WORK & PROCEDURE

We will be functioning as your Registrar & Share Transfer Agent for both physical & depository mode with National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL).

The procedure that is being followed is that as soon as we receive the electronic dematerialised request (DRN) from NSDL or CDSL in our systems which are electronically connected with these Depositories, we in turn will check & confirm whether the requests for dematerialisation are valid after usual checking of the Demat Request Form (DRF) attached with share certificates submitted for dematerialisation that were received from various Depository Participants (DPs).

The DRFs and Share Certificates such received (i.e. requests received of both in electronic form received by us from NSDL or CDSL and physical form) from Depository Participants (DPs) will be processed like normal transfers wherein the buyer is NSDL or CDSL and seller is the client who wishes to dematerialise the shares; and subsequently Registrar of Members maintained by us has to be updated before confirming the same. The details of dematerialised shares (i.e.transfer register of shares shown as transferred to NSDL & CDSL) has to be provided on quarterly basis to the stock exchanges wherein the company shares are listed.

SHARE_TRANSFER_JOB SCOPE OF WORK & PROCEDURE FOR PHYSICAL FORM SHARES

On receiving any correspondence it is segregated by Data-Control Incharge into different units and under each unit as requests for transfers, transmissions, transposition, fully-paid endorsement, split/consolidation/duplicate issue of Certificates, change of address, deletion of name, receipt of call money, other letters, etc., and after inwarding into the Computer the generated Inward No. and receipt date is put on the documents and then forwarded to the different units incharge for appropriate action.

The Transfer-Deeds are thoroughly scrutinised for essential information required therein and the transferor(s) signature(s) are cross-checked with the specimen signature(s) kept in the records. The Bad Deliveries, if any are segregated first to be returned to the transferees under a covering letter stating appropriate reason(s) for Bad Delivery thereof.

DEPOSITORY REGISTRARS JOB SCOPE OF WORK & PROCEDURE

We will be functioning as your Registrar & Share Transfer Agent for both physical & depository mode with National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL).

The procedure that is being followed is that as soon as we receive the electronic dematerialised request (DRN) from NSDL or CDSL in our systems which are electronically connected with these Depositories, we in turn will check & confirm whether the requests for dematerialisation are valid after usual checking of the Demat Request Form (DRF) attached with share certificates submitted for dematerialisation that were received from various Depository Participants (DPs).

The DRFs and Share Certificates such received (i.e. requests received of both in electronic form received by us from NSDL or CDSL and physical form) from Depository Participants (DPs) will be processed like normal transfers wherein the buyer is NSDL or CDSL and seller is the client who wishes to dematerialise the shares; and subsequently Registrar of Members maintained by us has to be updated before confirming the same. The details of dematerialised shares (i.e.transfer register of shares shown as transferred to NSDL & CDSL) has to be provided on quarterly basis to the stock exchanges wherein the company shares are listed.

SHARE_TRANSFER_JOB SCOPE OF WORK & PROCEDURE FOR PHYSICAL FORM SHARES

On receiving any correspondence it is segregated by Data-Control Incharge into different units and under each unit as requests for transfers, transmissions, transposition, fully-paid endorsement, split/consolidation/duplicate issue of Certificates, change of address, deletion of name, receipt of call money, other letters, etc., and after inwarding into the Computer the generated Inward No. and receipt date is put on the documents and then forwarded to the different units incharge for appropriate action.

The Transfer-Deeds are thoroughly scrutinised for essential information required therein and the transferor(s) signature(s) are cross-checked with the specimen signature(s) kept in the records. The Bad Deliveries, if any are segregated first to be returned to the transferees under a covering letter stating appropriate reason(s) for Bad Delivery thereof.