Depository services
The equity shares of Grasim are under compulsory demat trading by all investors. Shares are available for demat with both the depositories in India — National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL).

Considering the advantages of scripless trading, shareholders holding shares in physical form should consider dematerialisation of their holding.

Steps involved in dematerialisation of shares:

• shareholder fills out a Dematerialisation Request Form (DRF) and surrenders the defaced share certificate(s) alongwith the DRF to the DP
  
• the DP intimates the company of this request through the system of NSDL/CDSL
  
• the DP submits the share certificate(s) and the DRF to the company
  
• the company updates the Register of Members and then validates the request
  
• the Depository credits the DP's account
  
• the DP updates the investor's demat account and informs the shareholder
  

At present, no stamp duty has to be paid on transfer of shares in demat form.

Steps involved in rematerialisation of shares:

• Beneficial owner fills out a Rematerialisation Request Form (RRF) and submits the same to the DP
• DP intimates the company of this request through the system of NSDL/CDSL
• DP submits the RRF to the company
• The company updates the Register of Members and confirms the request through the system of NSDL/CDSL
• The company prints the share certificate and despatches the same to the shareholder by registered post

Name and address of depositories	National Securities Depository Ltd Trade World, 4th Floor, Kamala Mills Compound Senapati Bapat Marg, Lower Parel Mumbai - 400 013 Tel: 022-24972964 to 70 Fax: 022-24972993 / 24976351 Email: info@nsdl.co.in Website: www.nsdl.co.in
	Central Depository Services (India) Ltd Phiroze Jeejeebhoy Towers, 28th Floor Dalal Street, Mumbai - 400 023 Tel: 022-22723333 / 22723224 Fax: 022-22723199 Email: investors@cdslindia.com Website: www.cdslindia.com

ISIN for Grasim's equity shares	INE 047A01013

Share transfer system

Share transfer requests are acted upon within 10 days from the date of their receipt at the Share Department. In case no response is received from the company within 30 days of lodgement of transfer request, the lodger should immediately write to the Share Department of the company with full details so that necessary action could be taken to safeguard interest of the concerned against any possible loss/interception during postal transit.

Transfer period (In days)	2006-2007			2005-2006
	No. of transfers	No. of shares	Per cent	No. of transfers	No. of shares	Per cent
1-15	3,144	125,111	64.4	3,895	186,630	72.1
16-20	103	11,719	6.0	245	17,479	6.8
21-30	1,104	57,472	29.6	1,032	54,715	21.1
Total	4,351	194,302	100.00	5,172	258,824	100.00

Transmission of shares in physical form
In case of joint holding of shares
Upon death of a joint-holder, the surviving holder(s) are required to furnish the following documents for transmission of the shares:

• Request letter for deletion of name of the deceased shareholder
• Copy of death certificate of the deceased shareholder(s) attested by gazetted officer or notary public
• Original share certificate(s)
• Name deletion form duly filled-in and signed by the surviving joint shareholder(s)
• Current specimen signature(s) of the surviving shareholder(s), duly attested by a nationalised bank in our prescribed form

In case of shareholding in single (sole) name
Upon death of the shareholder, following documents are required from legal heir(s) / claimant(s):

• Request letter for transmission of shares in favour of the legal heir(s) / claimant(s)
• Copy of death certificate of the deceased shareholder(s) attested by gazetted officer or notary public
• Certified copy of the succession certificate or letter of administration or probate of will
• Original share certificate(s)
• Current specimen signature(s) of the legal heir(s) / claimant(s), duly attested by a nationalised bank in our prescribed form.
• Transmission form duly filled and signed by the legal heir(s) / claimant(s)

In case of transmission of shares held in dematerialised form, legal heir(s) of the deceased shareholder is/are required to approach the DP with whom the demat account is maintained

Loss of shares
In case of loss of share certificate(s) by the registered shareholder(s):

• Shareholder(s) should immediately notify to the company by way of a letter duly signed by the shareholder(s), the fact of loss/misplacement of share certificate(s) alongwith copy of Police FIR bearing complete details of share certificate(s) lost/ misplaced, viz. share certificate no(s), distinctive nos., number of shares, folio no(s), etc.
• On receipt of above documents and upon verification of signature of the shareholder(s) on the intimation letter, the company shall note 'stop transfer' remarks against the relevant share certificate(s)
• The company shall inform to the shareholder(s) procedure to be followed for issue of duplicate share certificate(s) alongwith the formats of affidavit, indemnity bond, etc. to be executed by the shareholder(s) in the prescribed manner on non-judicial stamp paper of requisite value
• On receipt of executed affidavit, indemnity bond and other documents/papers and after publication of public notice in newspaper(s), the company shall issue duplicate share certificate(s), in case the company does not receive any objection for the same

Please click here for relevant forms