INVESTOR INFORMATION
 
FAQs Procedures>>
  
What is the equity base of Tata Metaliks?
Rs 25,28,80,000 divided into 2,52,88,000 equity shares of Rs 10 each.
I have purchased TML shares. What is the procedure of getting these shares registered and how long will this take?

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.
 

What is the rate of stamp duty on shares? Where do I get these stamps?

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.

What is the procedure of converting single holding of shares into joint holding?

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.

What does Dematerialisation (demat) of shares means?
Dematerialisation of shares means conversion of shares from its present physical form to electronic form.
How does the Depository System operate?
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.

How I can convert my shares to demat form?

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.

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?

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.
My shares are held in joint names. Are the joint holders nominees to the shares?

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.

I have not received my dividend. What action do I take?

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.

I have lost/ misplaced my share certificates. What are the steps that I should take to obtain duplicate share certificates?

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.