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What is the equity base of Tata Metaliks? |
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Rs 25,28,80,000 divided into 2,52,88,000 equity shares of Rs 10
each. |
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I have purchased TML shares. What is the procedure of getting
these shares registered and how long will this take? |
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You will have to send the share certificates
(for physical shares) to us or to our RTA along with the share transfer deed, (available
with Stock Exchanges/Share brokers), duly filled in, executed and affixed with share
transfer stamps @ 0.25% of the market value on the date of execution of the transfer deed.
The addresses are:
Investor Service Department
Tata Metaliks Limited
Tata Centre
43 Jawaharlal Nehru Road
Kolkata – 700071
or
RTA's Office at
R & D Infotech Pvt. Ltd.
22/4, Nakuleshwar Bhattacharjee Road
Kolkata - 700 026.
Normally, the transfer process takes 21 days.
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What is the rate of stamp duty on shares? Where do I get
these stamps? |
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The stamp duty applicable on share transfer
(for physical shares) is @ 0.25% of the market value of the shares on the date of execution
of the share transfer deed. Share transfer stamps can be obtained from authorised stamp
vendors, or from your broker. |
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What is the procedure of converting single holding of shares
into joint holding? |
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You have to execute a transfer deed, duly
stamped and submit the same to the Investor Services Department with the details of the
person with whom you want joint holding for transfer. After that, the regular procedure
for transfer of shares has to be followed. |
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What does Dematerialisation (demat) of shares means? |
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Dematerialisation of shares means conversion of shares from its
present physical form to electronic form. |
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How does the Depository System operate? |
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The Depository System involves the participation of a
Depository, Depository Participants, Company/ Registrars and Investors. NSDL and CDSL are the two Depositories operating in the country which
enable the investor to hold securities in electronic form, through Depository
participants.
Depository Participant is the agent of the
Depository and is the medium through which shares are held in electronic form. They are
also the representatives of the investor, providing the link between the investor and the
company through the Depository. |
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How I can convert my shares to demat form? |
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First, you will have to open an account with
a Depository Participant (DP) and get a Client ID number. Thereafter, you will have to
fill up a Dematerialisation Request Form (DRF) provided by the DP and surrender physical
shares intended to be dematted to the DP.
The DP upon receipt of the shares and the DRF,
will send an electronic request to the company through the Depository for confirmation of
the demat request. Each request will bear a unique transaction number. The DP will
simultaneously surrender the DRF and the shares to the company with a covering letter
requesting the company to confirm the demat request. The company after necessary
verification of the documents received from the DP will confirm the demat request to the
Depository. This confirmation will be passed on from the Depository to the DP, which holds
your account. After receiving this confirmation from the Depository, the DP will credit
the account with the shares so dematerialised. The DP will hold the shares in the
dematerialised form thereafter on your behalf, and you will become the beneficial owner of
these dematerialised shares. |
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What
is the process of making a nomination and the
procedure of getting the shares registered in
the name of the nominee after the death of the
registered shareholder? |
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You have to submit a nomination form duly filled, in
duplicate, and signed. Nomination can be made only in respect of shares held in physical
form. In case of dematerialised shares, your nomination has to be recorded with your
Depository Participant. |
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My shares are held in joint names. Are the joint holders
nominees to the shares? |
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Joint holders are not nominees. They are
joint holders of the relevant shares having joint rights on the same. In the event of
death of any one of the joint holders, the surviving joint holder/ s of the shares is/ are
the only person/ persons recognised by the company as the holders of the shares. |
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I have not received my dividend. What action do I take?
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You may write to the Investor Services
Department at our Registered Office furnishing particulars of the dividend not received
and also quoting your folio number/ client ID particulars. We will check our records and
issue a duplicate dividend warrant if the dividend remains unpaid in the records of the
company. |
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I have lost/ misplaced my share certificates. What are the
steps that I should take to obtain duplicate share certificates? |
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Please inform our Investor Services
Department immediately about the loss of share certificates quoting your folio number and
details of share certificates if available. Simultaneously, you will have to lodge a
complaint with the police regarding loss of share certificates and also comply with
certain formalities which will be explained to you by our Investor Services Department
officials.

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