FAQ's
TRANSFER OF SHARES
Q.1 I have purchased MARG shares.How do I ge them registered?How long will it take?
Also, where should i send the shares for transfer?
Can I hand them over at your branch office?
A. You will have to send the share certificates along with the Share Transfer Deed (available with Stock Exchange/Share Brokers) duly filled in, executed and affixed with share transfer stamps at 0.25% of the market value on the date of execution of the transfer deed.
The shares, along with the Share Transfer Deed will have to be sent to:
R & T Agent
Cameo Coporate Services Limited
For your benefit, we are also furnishing below the contact details of:
Cameo Coporate Services Limited
Subramanian Building,
No.1, Club House Road,
Chennai – 600 002
Normally, it takes 21 days to process the transfer. Once the shares are registered in your name, you will receive a letter providing you the option to demat your shares. If you don't exercise the demat option within 30 days, the share certificates will be dispatched to you. This is in accordance with SEBI guidelines.
Registration of Share Transfer is carried out only at:
R & T Agent
Cameo Coporate Services Limited
You will have to lodge the shares, either by personal delivery or through post/reputed courier. Our Branch Offices do not handle share transfer processing, so kindly do not hand over your shares at Branch offices or other offices of our company.
Q.2 I want to add another joint-holder name to my shareholding. What is the procedure that I should follow?
A. To add a joint-holder name to your shareholding, please execute a stamped transfer deed and submit the same to the Investor Services Department for transfer. Please note that such additions amount to a change in ownership of shares and the transfer procedure has to be followed.
Q.3 I have purchased shares long back but forgot to get them transferred in my favour. What is the procedure that I should follow now?
A. A transfer deed is valid for a period of one year from the presentation date indicated on the stamp affixed by the Registrar of Companies on the upper portion of the deed or the closure date of Register of Members immediately after the presentation date, whichever is later. Please check whether your transfer deed is still valid. If so, submit the transfer deed duly executed and stamped along with share certificates to our Investor Services Department for transfer in your favor.
If the validity period of the transfer deed has expired, please approach the Registrar of Companies to extend the validity of the transfer deed. Alternatively, you may approach the registered holder/seller whose signature appears on the transfer deed as seller to execute fresh transfer deeds. Thereafter you may submit the fresh/revalidated transfer deed to the Investor Services Department for transfer.
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