depository services | demat
| share transfers |
registrar
and transfer agents
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.
Dematerialisation
of shares
Shareholder(s)
who want to hold shares in demat form should open
a demat account with a depository participant (DP)
registered with either NSDL or CDSL, and then surrender
their share certificate(s) for dematerialisation
to the company through the DP. List of DPs registered
with NSDL and CDSL is available on their respective
websites.
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.
Rematerialisation
of shares
Under the depository system, there is provision
for rematerialisation of shares i.e. re-conversion
of dematerialised shares into physical shares.
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 |
 |
Demat
| ISIN
for Grasim's equity shares |
INE
047A01013 |
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Share transfers
| Share
transfer system |
Share
transfers in physical form are registered
and returned within a period of 15 days from
the date of receipt, if the documents are
clear in all respects. Officers of the Company
have been authorized to approve transfers
upto 1000 shares in physical form under one
transfer deed. One Director jointly with two
Officers has been authorized to approve the
transfers exceeding 1000 shares under one
transfer deed. The Company obtains from a Company Secretary in practice half-yearly Certificate of Compliance with the share transfer formalities as required under clause 47(C) of the listing agreement with the stock exchange. |
 |
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
Registrar
and transfer agents
|
In-house
share transfer, demat / remat of shares
and other investor services are done by
the company's Share Department at Nagda
registered with SEBI as a Category II share
transfer agent (Registration No. INR 000003688)
Share
department
Grasim Industries Limited
PO Birlagram - 456 331, Nagda
Madhya Pradesh
Tel: 07366-246760 / 246766 / 256556
Fax: 07366-244114 / 246024
Email:
shares@adityabirla.com
Email
ID for investor complaints: grasimshares@adityabirla.com
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