How to Get Replacement of Stock Certificate In India

Get Replacement of Stock Certificate In India By Yourself

The share certificate is an invoice for the shares bought by an individual.If shares are stolen or lost, it can be repaired by the stock transfer agent of the company.

Application In Person

  • If your stock certificate was lost or stolen, then you should submit a claim with the specifics of the missing shares (folio number. the company’s name as well as share certificate number and unique number of shares, etc. )at the nearest police station. You can also receive a FIR copy.
  • Contact the department responsible for investor relations of the corporate share that the applicant must replace.
  • Contact the office in question. Inform them of the details of the share that was lost, along and provide proof.
  • If the information you provide is satisfactory. Agent will respond to your inquiry in the form of a letter or email with share numbers.
  • Agent will put an “stop transfer” on the certificate to stop others from cashing the certificate when it is found.
  • Agents will recommend to the applicant to purchase a bond. The cost of this bond can range from 1to 3 percent of the amount of shares lost.
  • When all the steps above are completed. The applicant will be issued an updated certificate in accordance with the announcement.

Required Documents For Get Replacement of Stock Certificate

  • Copy of the FIR
  • Applicant details
  • Written request
  • Information about shares that have been lost or shares that have been damaged
  • An indemnity bond for the amount
  • Notarized affidavit and surety bond (as required)
  • Insurance Guarantee
  • mobile number
  • Email id
  • Aadhaar Card.

Office Locations and Contacts

National Stock Exchange of India Ltd.,
Exchange Plaza, C-1, Block G,
BandraKurla Complex,
Bandra (E), Mumbai – 400 051.
Tel Number: (022) 26598100-14 / 66418100
Fax Number: (022) 26598120
Here to find office address and contacts.

Eligibility

The shareholder’s certificate is damaged, lost or stolen is eligible for application.

Fees

There are fees incurred to cover bond or insurance.

Validity

The share or stock certificate is valid until the date the holder is in possession of it.

Instructions

  • In the event that your certificate of stock was lost or stolen , you must submit a claim at the local police station and obtain an FIR copy.
  • The company will release an announcement in a paper at the location that is the official office notifying that the public is affected by losing the shares certificate as well as of the proposal of the company to look into the issue of duplicate shares certificates instead of the certificate that has been lost, in the event that there is no objection received by the company within a specified period of time.
  • The absence of a response to the advertisements that are not authorized for publication in the media cannot cause the issue of a duplicate share certificates, especially when the shareholder who is registered is living at the time of issue that the firm is evaluating the possibility of registering the shares transferred by him.
  • The cost of the general notice or publicizing of the notice general has to be paid from the shareholder.
  • When the shareholder has received compliance with the formalities necessary by Board of Committee thereof, from the shareholder, and following the expiration date of the period set forth by the notice general and if the shareholder does not encounter any objections to its plan, in the event that it is it is applicable, the request for the issue of a duplicate share certificates will be presented at an upcoming meeting of the Board or Committee.
  • If the proposal is deemed to be approved the approval is done through an resolution. This includes approval for the issue of a new share certificate. The resolution authorize two directors, secretary or any other person designated for the purpose of signing shares and attach a the common seal on their behalf.
  • The duplicate share certificate issue will be recorded in the relevant registers.
  • The notification will also be sent on all exchanges on which companies’ shares are traded. This will include the issue of a duplicate shares certificates and cancellation of the old share certificates.

Requirements Information

  • Name of the Shareholder
  • Address
  • Date of Birth
  • Contact Number
  • Email ID
  • Complete Share Information

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