Transfer of shares in demat account VIA GIFT

[Ekta Saxena]

Is it necessary to execute sh 4 in case of gifting of shares in demat form ?
Acc to me, gift deed and DIS will suffice the purpose.

[CS Shivani Arora]

For demat, SH 4 is not required.

With Best Regards

CS Shivani Arora 

Proprietor of Shivani Arora & Associates

Company Secretaries (A Peer Reviewed Unit) 

+91 8826263888

On Mon, Feb 16, 2026 at 3:45 PM Ekta Saxena <csektas...@gmail.com> wrote:

Is it necessary to execute sh 4 in case of gifting of shares in demat form ?
Acc to me, gift deed and DIS will suffice the purpose.

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[NEHA OJHA]

What about execution of a gift deed is necessary along with dis slip is sufficient?

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Thanks & Regards

Neha

[B. Vinay Kumar]

Yes gift deed is compulsory but in demat transaction we are required to select as gift while transferring the shares from one demat account to another

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[NEHA OJHA]

Thanks, so in short only dis slip and gift deed is required? sh-4 is not required to execute.

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