NOTICE FOR PHYSICAL SHAREHOLDERS
As an on-going measure to enhance ease of dealing in securities markets by investors, SEBI vide its Circular no SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, has directed the listed companies to issue the securities in dematerialized form only, while processing the following service request:
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1
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Issue of duplicate securities certificate |
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2
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Claim from Unclaimed Suspense Account |
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3
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Renewal / Exchange of securities certificate |
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4
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Endorsement |
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5
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Sub-division / Splitting of securities certificate |
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6
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Consolidation of securities certificates/folios |
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7
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Transmission and Transposition |
Key highlights of said circular:
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The securities holder/claimant shall submit duly filled up Form ISR-4 to RTA/ Company |
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2
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The RTA / Company shall issue a ‘Letter of confirmation’ in lieu of physical securities certificate(s), to the securities holder/claimant within 30 days of its receipt of such request in Form ISR-4 |
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3
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The ‘Letter of Confirmation’ shall be valid for a period of 120 days from the date of its issuance, within which the securities holder/claimant shall make a request to the Depository Participant for dematerializing the said securities |
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4
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The RTA / Company shall issue a reminder after the end of 45 days and 90 days from the date of issuance of Letter of Confirmation, informing the securities holder/claimant to submit the demat request as above, in case no such demat request has been received by the RTA / Issuer Company. |
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5
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If securities holder/claimant fails to submit the demat request within the aforesaid period, RTA / Company shall credit the securities to the Suspense Escrow Demat Account of the Company. |
For further details/ procedure, refer SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022
In case of any query / assistance, kindly contact our RTA at the details provided below:
Link Intime India Private Limited
247 Park, C-101, 1st floor, L.B.S Marg, Vikhroli (West), Mumbai-400083.
Tel no. +91 22-49186270 (From 09:30 a.m. to 6:00 p.m. on all working days)
Email id: [email protected]
Website: www.linkintime.co.in