How to Transfer Physical Shares After Death – Step-by-Step Guide to Shares Transmission Procedure

 Are you looking to transfer shares after the death of a loved one? Understanding the Shares Transmission Procedure is essential if you're a legal heir or nominee of a deceased shareholder. With more investors holding old paper share certificates, it’s also crucial to know how to convert physical shares to Demat for secure and easy management.

At Share Claimers, we make the process simple and hassle-free.

✅ What is Transmission of Shares?

Transmission of shares is the process of transferring shares to the legal heir(s) or nominee when the original shareholder passes away. Unlike regular transfer (which involves a sale or gift), transmission happens by operation of law.

📜 Shares Transmission Procedure – Simple Steps

Here’s how the Shares Transmission Procedure works:

  1. Check Nominee or Legal Heir:
    If a nominee is registered, shares are transmitted to them. If not, the legal heir must provide proof.

  2. Collect Required Documents:

    • Death certificate (attested copy)

    • PAN Card and Aadhaar of legal heir/nominee

    • Transmission Request Form (TRF)

    • Probate/Will or Succession Certificate (if no nominee)

    • Client Master Report of Demat account

  3. Submit to Registrar or Company:
    Submit the documents to the company's Registrar and Transfer Agent (RTA) or directly to the company.

  4. Shares Transferred to Your Demat Account:
    After verification, shares will be transmitted to the Demat account of the legal heir or nominee.

💼 Convert Physical Shares to Demat – Why It’s Important

If you're holding physical share certificates, it’s time to demat them. SEBI mandates that all share transfers now take place in dematerialised (Demat) form. Here’s why:

  • No risk of loss, damage, or theft

  • Easy to sell or transfer

  • Quicker and cost-effective transactions

  • Mandatory for selling shares in the stock market

🔄 How to Demat Physical Share Certificates

To Demat your physical shares, follow these steps:

  1. Open a Demat account with a Depository Participant (DP) like Zerodha, ICICI Direct, or Sharekhan.

  2. Fill the Dematerialisation Request Form (DRF).

  3. Submit it along with your physical share certificates to your DP.

  4. Your shares will be converted to electronic form within a few weeks.

💡 Why Choose Share Claimers?

  • End-to-end guidance on Shares Transmission Procedure

  • Help with Demat of Physical Share Certificate

  • Legal assistance if required

  • Doorstep support across India

  • Transparent, timely, and trusted service

📞 Ready to Convert Physical Shares or Claim Inherited Shares?

Let Share Claimers take care of the complicated paperwork and procedures. Whether you need help with shares transmission, or want to convert physical shares to Demat, we are here for you!

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