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What is transposition of shares ?
i want to get my physical shares to electronic or demat form in which regard i want to know what
is
meant by transposition of shares
Posted 12 months ago in
Personal finance
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Answer now
Cilji Sarin
HR
Answers (2)
Simply , Transposition means - inter changing If you want to move your
physical shares into electronic form ,you have to request your broker that you
want transpose this amount of physical share in my online trading account, in
this regard you have to fill the request application to broker , as per the
terms and condition
Posted 11 months ago
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raj kumar
Imports Executive
Transposition means changing the order of shares being held (first holder and
second holder) in the case of a joint account. For example, if the physical
shares are held in the name of You & your spouse and you have a demat account
in the reverse order (i.e name of spouse first and Your name after wards), the
shares can be dematerialized in the same account, and a new demat account in
the name of B and A would not be required.The client has to submit the shares
and the demat request form along with transposition form.
Posted 12 months ago
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Ginni Grewal
Recruiter
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