Overview of Transmission of Shares

Transmission of shares is the process of transferring a deceased shareholder's holdings to their legal heir, nominee or surviving joint holder. Unlike a normal transfer, transmission happens by operation of law and does not require a transfer deed or stamp duty.

The required documentation depends on whether a nominee was registered and whether the holding is within prescribed limits. We guide the heirs through the entire process with the company / RTA.

Key Benefits of Transmission of Shares

• Rightful ownership: Shares legally vested in heirs / nominees
• No stamp duty: Transmission is exempt from transfer stamp duty
• Correct documents: Succession, nominee or small-value route advised
• Dividend continuity: Future dividends credited to the heir
• Expert handling: Sensitive process managed with care

Documents Required

• Death certificate of the shareholder
• Original share certificates / demat details
• Succession certificate / will / legal heir certificate
• KYC documents of the heir / nominee
• Indemnity, affidavit and NOC from co-heirs where required

How It Works — Our Process

1. Assess the case (nominee, joint holding or succession)
2. Collect the death certificate and legal documents
3. Prepare the transmission request and KYC
4. Submit to the company / RTA and resolve queries
5. Shares transmitted to the heir / nominee

Need help getting started? Our experts at Atcorpcare handle the end-to-end process for you. Fill in the enquiry form and a specialist will get in touch.