LODGEMENT OF SHARES FOR TRANSFER

SEBI vide Schedule VII of SEBI ( Listing obligations and Disclosure requirements) Regulations, 2015 have mandated as :

  • For registration of transfer of securities, the transferee(s) as well as transferor(s) shall furnish a copy of their PAN Card to the listed entity for registration of transfer of securities.

  • For securities market transactions and / or for off-market or private transactions involving transfer of shares in physical form, the transferee(s) as well as transferor(s) shall furnish copy of PAN Card to the listed entity for registration of such transfer of securities.

It is therefore mandatory w.e.f 01.12.2015 (the date of implementation of SEBI Regulations 2015) for the transferee(s) as well as the transferor(s) to furnish copy of PAN Card for registration of transfer of shares along with the Securities Transfer Form (SH-4)