FAQ's
 |
Demat (Dematerialisation) of Shares
KINDLY NOTE THAT EQUITY SHARES OF ANSAL HOUSING &
CONSTRUCTION LTD. ARE UNDER COMPULSORY DEMAT CATEGORY AND
HENCE THE SHAREHOLDERS HOLDING SHARES IN PHYSICAL FORM MUST
GET THEIR SHARES DEMATERIALIZED AT THE EARLIEST. |
| |
| Q. |
Can you please tell
me what is Dematerialization of shares and what are its
benefits?
|
| A. |
Dematerialization
is the process through which the shares are held and traded
in electronic form instead of physical form thus eliminating
many disadvantages of shares in physical form.
Following are some of the advantages of demat holding of
shares:
|
| Q. |
How can I demat/remat
my shares in physical form?
|
| A. |
Approach a
Depository Participant (DP) as per your choice and open a
Demat account for which you will be allotted a Client ID.
You should, then, surrender the share certificates to your
DP by filling the Dematerialization Request Form (DRF) after
which the DP generates a number known as Demat Request
Number (DRN). Thereafter DP will send the certificate along
with the DRF to the concerned Company/ its Registrar. The
Company/Registrar after verification, confirms the DRN and
upon confirmation, the number of securities dematerialized
are credited in electronic form to your demat account. You
may reverse this process if you so desire and get your
shares reconverted into paper form. This process is known as
re-materialization. |
| |
|
| Q. |
How can I deal
(trade) with shares held in demat form?
|
| A. |
Sale/purchase
of shares in demat form can be effected in easy and speedy
way. Sale/purchase through the Stock Exchanges has to be
carried through a registered broker. After the sale is
confirmed by the broker, you (seller) are required to give
debit instruction to his DP for debiting the number of
shares sold, by filling in the Delivery Instruction (DIB).
In case of purchase of securities, after the payout your
(purchaser), broker will ask his DP to debit his account and
credit your (purchaser) account with the number of shares
purchased. |
| |
|
| Q. |
What are the
expenses involved ?
|
| A. |
The expenses are
different for Annual Account maintenance, Demat/Remat of
shares, transaction charges for Sale/Purchase etc. These
charges differ from one DP to another. You may pay these
charges either directly upon raising of bill by DP or
through ECS system. Authorizing your DP to debit your
designated bank account. |
| |
|
| Q. |
How do I get my
benefits from the Company for the demat shares held by me
and what are my rights?
|
| A. |
The Registrar/
Company, as on a record date/book closure, every year,
downloads data of beneficiaries holding shares of the
Company in demat form. On the basis of this data the Company
will send to you the notice of the Annual General meeting,
Annual Report and make available to you corporate benefits
like dividend/right/bonus etc. Please note that the rights
of the shareholders holding shares in demat form are same as
that of the shares held in physical form. |
| |
|
| Q. |
Whom should I
contact for queries relating to my demat account?
|
| A. |
Your demat account
is maintained by the DP and therefore any communication/
intimation/queries relating to change of address, change in
bank account details, registration of nominees, demat
account etc may please be addressed to your DP. Please note
that the Company / Registrar has no access to your
depository account and hence any request with regard to any
of the above subjects cannot be considered. |
|
| |
Top |
| |
|
|
Transfer of Shares |
| |
|
| Q. |
I have
purchased Ansal Housing & Construction Ltd. (AHCL) Equity
Shares in physical form. How do I get these shares
transferred in my name?
|
| A. |
Please properly
execute and complete the share transfer deed/s, affix the
proper stamp duty, send the transfer deed/s along with the
share certificate(s) to the Share Transfer Agent, M/s Intime
Spectrum Registry Ltd or to the Company Secretary at the
Registered Office of the Company. |
| |
|
| Q. |
What is the
stamp duty payable on transfer of shares which I have
purchased?
|
| A. |
Presently, the
stamp duty payable is 25 paise for every hundred rupees or
part thereof of the market value of shares as on the date of
execution of the share transfer deed. |
| |
|
| Q. |
What do I do if
I have purchased the shares long back but I forgot to send
the documents to the Company for getting them registered in
my favour?
|
| A. |
Please approach
the Registrar of Companies, Delhi and Haryana and get the
share transfer deed revalidated after filing Form 7 C. After
revalidation lodge the share certificate and the transfer
deed for registration of transfer, promptly. |
| |
|
| Q. |
I hold shares
in two or more folios. Can I consolidate the folios?
|
| A. |
It is very
desirable to get the folios consolidated by the Company. But
please note that in case of joint holdings, the names and
their order should be identical in all the folios. A letter
under the signature of all the holders will be sufficient
and no share transfer deed is required to be executed. |
| |
|
| Q. |
I hold shares
jointly. Can I change the order of names ?
|
| A. |
It is possible to
do that just through a letter under the signature of all the
holders and no share transfer deed is required to be
executed. Please keep in view that your signatures should
tally with our record. |
| |
|
| Q. |
I wish to add
another joint-holder to my shareholding. What do I do?
|
| A. |
In this case there
has to be transfer of shares. You will have to sign a share
transfer deed as transferor and again as transferee along
with the person/s who will the joint holder/s. The transfer
deed, duly completed, with the share certificate/s will have
to be lodged with the Registrar or the Company as in the
case of transfer. |
| |
|
| Q. |
What can I do
if the transfer deed for the shares purchased by me is lost
and the seller refuses to sign another transfer deed?
|
| A. |
Please write to
the Company giving proof of your purchase (broker's note)
and we will advise you the procedure. |
| |
|
| Q. |
What can I do
if I have purchased the Shares but the Company has raised
objection and not registered the shares in my name?
|
| A. |
Please see the
objection letter of the Company carefully and remove the
problem immediately. In case of difficulty please contact
the Registrar or the Company. |
| |
|
| Q. |
How can I
transfer my AHCL shares in demat form?
|
| A. |
Issue the delivery
instruction in off market trade column of the delivery
instruction form by filing in the Client ID & DP ID of the
purchaser of AHCL shares and deposit the same with your DP
who will transfer your AHCL shares into his (purchasers) DP
Account. |
|
| |
Top |
| |
|
|
Transmission of Shares/ Deletion
of Name from Share Certificates |
| |
|
| Q. |
I hold shares
jointly. What will happen in the event of death of the joint
shareholder?
|
| A. |
This is Deletion
of names. Please write to the Registrar or the Company along
with a certified copy of the Death Certificate and the share
certificates. The Registrar/Company shall delete the name of
the deceased shareholder and return the share certificate(s)
duly endorsed in favour of the remaining shareholder(s). |
| |
|
| Q. |
If a
shareholder dies who was holding shares in his sole name and
there is no "will", how can his legal heir/s get the shares
transmitted in his/their name/s? If there is "will" or other
succession document, what should be done?
|
| A. |
In the first case,
this is Transmission of Shares without succession document,
and the legal heir has to prove his status as such and right
to the shares through legal succession. In the second case
the Transmission will be based on the succession document
like "will" etc. Please write to the Registrar or the
Company along with the death certificate and also the
"will"/other succession document, where it exists, to enable
us to advise you suitably. |
|
| |
Top |
| |
|
|
Nomination |
| |
|
| Q. |
How do I make a
nomination in respect of my shareholding?
|
| A. |
You have to submit
to us a legally prescribed nomination form in duplicate,
duly filled and signed. If the shares are held in joint
names all the holders must sign the nomination form. Please
write to us to enable us to send the form. The share
certificates need not be sent. |
| |
|
| Q. |
Can I change a
nomination?
|
| A. |
Yes. Please
furnish to us a fresh nomination which will cancel the
earlier nomination. Please note that if joint holders make
the nomination, and one of the joint holders dies, the
remaining joint holder/s can make a fresh nomination. |
| |
|
| Q. |
On the death of
the shareholder, how can the nominee get the shares
registered in his name?
|
| A. |
The nominee has to
write to us along with a copy of the death certificate and
nomination form registered with the Company to enable us to
advise further. |
| |
|
| Q. |
I have shares
in the demat form. What do I do for making a nomination?
|
| A. |
Please approach
your Depository Participant. Kindly note that in the account
opening form provided by the DP there is a provision for
providing the name of the nominee. |
|
| |
Top |
| |
|
|
Dividend |
| |
|
| Q. |
I want to
incorporate the details of my bank account in my dividend
warrant to avoid fraud. What should I do?
|
| A. |
If you are holding
shares in physical form, please inform the Registrar or the
Company quoting your folio number, name and address of your
bank and the account number/type of Account. We shall
incorporate the same an Dividend Warrant issued by the
company, if any, in future. However if you are holding the
shares in Demat form, such details will have to be given to
your DP. Your DP in turn will pass on this information to
us. This procedure is in accordance with depository
regulations. |
| |
|
| Q. |
What do I do if
I have not received my dividend?
|
| A. |
Please write to
the Registrar or the Company furnishing the particulars of
the dividend not received. Please also quote your
particulars such as folio number/ DP ID & Client ID (in case
of dematerialized shares). After verification, duplicate
dividend warrant will be issued in case the dividend remains
unpaid in the records of the Company. |
| |
|
| Q. |
What do I do
for obtaining a duplicate dividend warrant?
|
| A. |
Where the validity
period of the original dividend warrant has not yet expired,
duplicate thereof cannot be issued during the validity of
the original warrant. However after the expiry of the
validity period, if after completion of reconciliation, the
warrant is still not encashed as per Company records, you
will be required to furnish an indemnity bond on receipt of
which payment will be made to you. |
|
| |
Top |
| |
|
|
Loss etc. of Share Certificates |
| |
|
| Q. |
What should I
do where I have lost/misplaced my share Certificates. How do
I get duplicate share certificate? |
| A. |
Please inform in
writing to the Registrar or the Company immediately about
the loss/misplacing of share certificates quoting your folio
number and details of share certificates. Simultaneously,
you will have to lodge a complaint with the police regarding
loss of share certificates and send us a copy of the FIR. We
will advise you further steps that you will have to take. |
| |
|
| Q. |
What should I
do if my share certificates have got torn/mutilated/worn out
etc. How do I get duplicate share certificate? |
| A. |
Please send a
request letter to issue duplicate share certificates
alongwith torn/mutilated share certificates. |
|
| |
Top |
| |
|
|
Change of Address |
| |
|
| Q. |
If there is a
change in my address what should I do? |
| A. |
Please send a duly
signed request letter to the Registrar or the Company giving
the new address as well as the old address. PIN no should
invariably be given. In case of joint shareholders, all
holders should sign the request letter.
|
