DEEPAK NITRITE LTD- Investors - Investor Relations

investor relations ::

How can I transfer shares on the death of the sole holder?
Transmission of shares in case of death of sole shareholder:
	Transmission of shares takes place in case of death of sole/single holder of shares. In such an event, the shares will be transmitted in the name of the legal heir(s) of the deceased member as per the Probate of the Will obtained from a court of competent jurisdiction by the legal heir(s), if the deceased had left a Will. (Click here for specimen letter requesting for transmission of shares Annexure III).
	If the member had not left any Will, the shares will be transmitted by the Company on production of a Succession certificate or Letter of Administration by the legal heir(s) of the deceased member.
	Where the legal heir(s) is / are unable to obtain and produce the documents mentioned under 3.1 & 3.2, the Board of directors in its absolute discretion may waive the requirement of submitting Probate of the Will, Succession Certificate / Letter of Administration in the case of small shareholding and approve transmission of the said shares on furnishing an affidavit and indemnity by the legal heir(s) to the Company. (Click here for specimen indemnity and affidavit - Annexure IV)