Transmission of Shares Made Simple: A Step-by-Step Guide to Secure Your Inherited Shares

[Share Claimers]

When a loved one passes away leaving behind shares, the process of claiming ownership can seem overwhelming. But with the right guidance, the Transmission of Shares can be simple and hassle-free. Whether you're handling physical certificates or Demat shares, this guide will walk you through the essentials.

What is Transmission of Shares?

Transmission of Shares refers to the transfer of shares from a deceased shareholder to their legal heir or nominee. Unlike a sale or transfer, this happens by operation of law – and no consideration is involved.

There are two main scenarios:

• Shares held in a Demat account

• Physical share certificates

Both require a slightly different process, but the goal remains the same: legally and rightfully transferring ownership.

Shares Transmission Procedure – Step-by-Step

Here’s a simplified Shares Transmission Procedure to help you get started:

1. Identify the Type of Holding

• Demat Shares: Held electronically in a Demat account

• Physical Shares: Held as physical certificates

2. Check for Nominee Details

• If a nominee is registered, the transmission is smoother.

• If no nominee is mentioned, the legal heir must provide proof of entitlement.

3. Collect Required Documents

The key documents include:

• Death Certificate (original or notarized copy)

• Transmission Request Form (TRF)

• Client Master Report of nominee/legal heir

• PAN card and address proof

• Probate of Will / Succession Certificate (if no nominee exists)

• Share certificates (for physical shares)

🔍 Note: Requirements may vary slightly depending on the company or RTA (Registrar and Transfer Agent).

4. Submit the Documents

Submit the documents to:

• The Depository Participant (DP) – if shares are in Demat form.

• The Company’s RTA – if physical share certificates are involved.

5. Track and Follow Up

• Keep track of the process through email or reference numbers.

• It usually takes 15–30 working days for successful transmission.

Demat of Physical Share Certificate: A Wise Move

If you still hold physical share certificates, now is the time to dematerialize them. The Demat of Physical Share Certificate helps avoid delays, eliminates the risk of loss or damage, and speeds up future processes like transmission or sale.

To dematerialize:

• Open a Demat account

• Submit a Dematerialization Request Form (DRF) along with physical certificates

• The DP will process and convert them into electronic format

✅ Once in Demat form, transmission becomes faster, easier, and more secure.

Why Choose ShareClaimers?

ShareClaimers offers expert assistance in the transmission of shares, guiding you through every step. With decades of experience in dealing with RTAs and legal processes, their support ensures:

• End-to-end documentation

• Legal advice and nominee verification

• Faster and transparent processing

Final Thoughts

Losing a loved one is difficult, but claiming what’s rightfully yours shouldn’t be. Understanding the Transmission of Shares process, gathering the right documents, and seeking professional help can make a world of difference.

✅ Need Help with Shares Transmission?

Let ShareClaimers simplify the process for you.