Share Transfer Procedure

procedure to get shares transferred
Share Transfer Procedure

TMB Ltd. is an unlisted company with its share holders being the privileged few.

TMB Share Transfer Procedure:

Any person who is lodging the documents for share transfer is required to furnish following:

  • Copy of the PAN card of the Transferee.
  • Copy of Proof of Address of the Transferee.

Revision of Stamp duty for Share transfer:

The fair value of each equity share of the Bank has been arrived at Rs. 185.00 and hence the value of share transfer stamps to be affixed on the share transfer deed shall be Rs. 0.50 per share or at the rate of Rs. 0.25 paise per hundred rupees of consideration amount whichever is higher with effect from Jul 01, 2016. The fair value has been arrived at post the issue of bonus share in the ratio 500:1.