Procedure for Transferring Shares

1. Online Transfer through CDSL Easiest

CDSL Easiest provides a seamless online method for transferring shares. To begin the process:

2. Online Transfer through NSDL SPEED-e

NSDL offers SPEED-e, a secure online facility to transfer shares electronically. This service allows investors to submit delivery instructions digitally instead of using a physical Delivery Instruction Slip (DIS).

3. Offline Transfer through Delivery Instruction Slip (DIS)

  • Delivery Instruction Slip (DIS):
  • This slip is provided by the broker where the seller holds the demat account.
  • The seller must fill in details such as:
  • Demat details of the counterparty (buyer)
  • ISIN of the shares being transferred
  • Quantity of shares to be transferred

DIS Slip Youtube Video Link

  • Off-Market Annexure:
  • This form can be downloaded from the broker’s website or collected directly from the broker.
  • It includes the bank details of the counterparty (buyer).
  • Form A (Addition of Beneficiary Account):
  • Mandatory from January 1, 2024.
  • It captures the demat details and PAN details of both the buyer and seller.

4. Verification and Transfer Completion

  • After submitting the signed copies of the above documents, the client will receive two OTPs.
  • Upon successful OTP verification, the transfer is completed, and the seller will receive a debit message for the transferred shares.

Payment of Stamp Duty

  • Stamp duty is to be paid by the seller at a rate of ₹15 per ₹1 lakh transaction.
  • The payment method depends on whether the seller has a NSDL or CDSL account:
  • For NSDL Account Holders:
  • Visit the NSDL Website → Click on Pay Stamp Duty
  • Enter Seller’s DP Details → Proceed to Payment
  • Complete the payment using available options
  • For CDSL Account Holders:
  • Open UPI/Online Banking
  • Use the account number format:
  • IFSC Code: ICIC0000104
  • Bank Name: ICICI Bank Ltd

Tax Implications

  • For Unlisted Shares:
  • Long-Term Capital Gains (LTCG): Taxed at 12.5% for holdings exceeding 24 months (no indexation benefits).
  • Short-Term Capital Gains (STCG): Taxed as per the seller’s applicable tax slab for holdings under 24 months.
  • For Listed Shares:
  • LTCG: Tax-free up to ₹1.25 lakh; above this, taxed at 12.5% for holdings exceeding 12 months.
    STCG: Flat 20% tax for holdings less than 12 months.

By following these steps, sellers can successfully transfer shares either online via CDSL Easiest or offline using DIS, while ensuring compliance with stamp duty and tax regulations.

Dinesh P5 months ago
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Delisted stocks always provide good value to customers whether it's buying of share or selling than any other broking fi…
Onkar Bhongade2 years ago
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It is very easy to buy unlisted shares at the right price through your company. And there is great response from your si…
Shekhar Ghosh2 months ago
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Just followed the procedure Mr. SUJAL RAWAT guided....he helped build trust...exceptional service....attending queries a…
Biju CV11 months ago
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Excellent service by their team, Ms. Riya Bansal. They are professional and all transactional activities are transparent…
Dhirendra Prasad1 year ago
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You can trust them for purchasing unlisted shares. They offer good deal. Transferring of shares are smooth and fast. Spe…
Sachin Mishra10 months ago
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We have already made more than 4 buys transaction so far with Mittal Portfolios Pvt Ltd . Absolutely trustworthy and pro…
Vimanyu Chaturvedi5 months ago
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Best for unlisted deals

Rashmi Yadav3 months ago
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Sujal is extremely helpful and provides very fast service. He always keeps his word and ensures everything is handled pr…
Amit Jain12 months ago
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Great experience with the company.. Priyanshee was very patient and helped me throughout the process. Best part was that…
Thangaraj Samiappan3 years ago
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I bought the unlisted shares through your Company. Priyanseth was very supportive and made sure that it got credited in…

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