Simplifying the Shares Transmission Procedure: Convert Physical Shares to Demat Easily

[Share Claimers]

Do you have inherited physical share certificates lying around, or are you unsure how to manage them after the passing of a shareholder? Understanding the Shares Transmission Procedure is essential in such cases. Whether it’s about legal transfer of shares or converting physical certificates into electronic form, this guide will walk you through everything you need to know.

What is Shares Transmission?

Shares Transmission is the process of transferring shares from a deceased shareholder to their legal heir or nominee. It differs from a normal transfer as it happens due to inheritance and not sale. This process can seem complex, but with the right guidance, it becomes much simpler.

Why Should You Convert Physical Shares to Demat?

Holding physical share certificates today is risky and inconvenient. Here's why you should convert physical shares to Demat:

• Safe & Secure: No fear of loss, theft, or damage.

• Easy to Trade: Dematerialized shares can be easily bought or sold.

• Faster Settlement: Transactions are processed more quickly.

• Mandatory as per SEBI: Trading in physical shares is not allowed anymore.

By converting your certificates, you ensure smooth management of your investment.

Step-by-Step Shares Transmission Procedure

At Share Claimers, the process is made stress-free and streamlined. Here's how it works:

1. Document Collection: Legal heir or nominee provides essential documents like Death Certificate, PAN Card, and Succession Certificate (if applicable).

2. Verification by RTA/Company: Registrar and Transfer Agent verifies the documents submitted.

3. Demat Account Update: Shares are transferred to the Demat account of the legal heir.

4. Support in Demat Conversion: If you still hold physical shares, Share Claimers helps you Demat of Physical Share Certificate quickly.

How Share Claimers Simplifies the Process

Share Claimers specializes in assisting clients with:

• Transmission of shares held in physical or Demat form

• Conversion of old physical share certificates to Demat

• End-to-end documentation and support

• Liaison with Registrars, RTAs, and Depositories

Their expert team ensures minimal hassle and quicker outcomes.