in our company we had allotted some shares in the name of some XYZ person, and issued physical share certificate.
now she got married and her surname got changed, she has opened Demat Account after marriage, now she wants to De materialise the physical shares, but the surname in the physical share certificate and demat account are not same.
so can the comapny issue new share certificate to her on request?
or can the company endorse the same certificate in her new name?
11 October 2013
you can approach for endorsing the certificate in new name by enclosing relevant proof and simultaneously process DRF for de-materialization.
CAclubindia
