Procedure for Transposition of Shares

Procedure for Transposition cum Demat

1.   If the names of the clients appearing on the security certificates match with the names in which the account has been opened but are in a different order, such securities can be dematerialised by the procedure laid down in the relevant Business Rules i.e., 11.1.5 and 11.1.13.

2.   The DP shall forward the DRF to the Issuer or its Registrar & Transfer Agent only after ascertaining that the number of certificates annexed with the DRF tallies with the number of certificates mentioned on the DRF. Provided further that in case of transposition cum dematerialisation cases, the DP shall also forward Annexure OA the DRF to the Issuer or its Registrar & Transfer Agent.

3.   The securities which have been dematerialised shall be credited to the account maintained by a DP only when the pattern of holdings in the account of the Client matches with the pattern of holdings as per the security certificates. Provided however that in case where the names appearing on the certificates match with the names in which the account has been opened but are in a different order, the Client can get, alongwith the security certificates dematerialised by submitting the security certificates alongwith the Transposition Form as per Annexure OA and the Dematerialisation Request Form (DRF) to the DP. The explanation of such pattern of holding is given in Annexure F.

ANNEXURE OA

TRANSPOSITION FORM

(for transposition and demat cases)

To,

 Name of Participant

 Address of Participant

We, the undersigned, being the joint holder(s) of securities of (Name of the Company) wish to have our holdings transposed in the following order in which we have an account with you.  We are also submitting the certificate(s) alongwith DRF for dematerialisation.

Names on the certificate of security:

Name	Signature(s)

Details of our client account:

DP Id	Client Id	Names of the account holders

Note: Separate Transposition form should be filled by the joint holders for securities having distinct ISINs

ANNEXURE F

PATTERN OF HOLDING AT THE TIME OF DEMATERIALISATION

At the time of dematerialisation of securities, the securities shall be credited to the account of the holders only if the pattern of holding as per the security certificate(s) submitted for dematerialisation or the names of the applicants in the case of any public or rights issue of securities matches with the pattern of holding as per the account maintained with the Participant to which it is credited.

Provided however that, in case of transposition and dematerialisation of securities, the securities held by A B and C can be dematerialised in an account opened in the combination of A C & B, B C & A, B A & C, C A & B and C B & A.

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Ravi Garg

Company Secretary

Mobile 7838204665

Email csravi2014@gmail.com

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