Saturday, February 13, 2021

How Transfer Physical Share Certificates

There are lots of buyers of Physical Share Certificates who till today couldn't lodge their Physical Shares Certificates for transfer due to laziness, financial dispute and misplaced share certificates found later, etc.  The shares are lying with them along with transfer forms. There are lots of buyers who lodge the share certificates for transfer but companies returned them without transferring in their favour for various reasons the prominent one is "Signature of Seller doesn't match with the company's records" ( in simple language it is called "Signature Mismatch") and the person or broker from which they bought is missing, no more or not cooperating. They couldn't get it sorted through the original seller/shareholder because he lives in a city that is not easy for the buyer to go, the seller is no more, the seller moved to another place, the seller is not traceable, etc. and the problem doesn't end here even shares and years of dividend might have been transferred to IEPF ( Investor Education and Protection Fund). There is a very high possibility the company issued new shares or its emerged identity which you are legally entitled to at free of cost.  

To sort out this sort of problem you don't need a specialist but a few specialists. One who is well-versed with the law and legal procedures another a competent company secretary who knows company laws like the back of his hand, a stock market specialist who know and have records of all the demergers and mergers, dividends, right issues, and bonuses issued by the not only around 5000 companies listed at the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) but even in unlisted market space, and top of these a good relationship with not only companies but its registrar. 
We at Supergrowth have click all the boxes. Supergrowth is a more than 28 years old organization (before Harshad Mehta Scam) which have the backing of prominent Lawyers, company secretaries, and ex-stockbrokers and required. We not only pinpoints all the problems but bring a one-shot solution for all of them. It not only save your feet from wear & tear but most important time too. Supergrowth has all the required data of corporate benefits announced by the company in the form of Dividends, Rights Issues, Bonus Issues, Share split up, shares you are entitled to get due to mergers or demergers. 
Supergrowth is a Nariman Point, Mumbai based Wealth Discovery & Reclaiming Services firm.
Supergrowth being located at Nariman Point (which is within walking distance from The Bombay Stock Exchange and was having around 70% share in volume of total volume in India when there were only physical share certificates used to be traded) in India have very good relationships with not only current stockbrokers but brokers of 1990s through them we get in touch with the seller and D'mate the shares through their account and then transferring them to your D'mate account. We are having a presence in top cities of India and very soon we will have a pan India presence very soon, so where ever is the seller we can get in touch with him and get things sorted out in no time. 
Supergrowth is a Nariman Point, Mumbai based Wealth Discovery & Reclaiming Services firm. We not only just reclaim the shares but sucks all the benefits for you from the system to which you are entitled. So what are you waiting for? Sometimes we waste years of our life cumulatively and lose opportunities for the sake of little initiative or a small amount of money. It’s human nature. We hope you will be able to overcome the ego or fear or laziness that creates this tendency. On our part, we are a call or message away. Contact Details are given below. 
Supergrowth, 
Wealth Discovery & Reclaiming Services Firm 
133 'A' Mittal Court,
Nariman Point, 
Mumbai 400021

Effects of Demergers and Mergers while claiming shares from IEPF ( Investor Education and Protection Fund)

In India, there are lots of people approaching Companies and IEPF for claiming Shares and Dividends of their or of their family members their own without knowing the procedure forget about the legal part. In this process, they waste lots of time, and during this endeavor, they get so frustrated that they left it in between. They end up wasting money and most important time, even if they succeed most of the time that is too partial because they are not aware of what merger or demerger the company went through in the past.
For example, Reliance has merged or demerged around 10 companies. (Some of them are Sidhpur Mills Company Limited merged in 1979, Reliance Petrochemicals in 1992, Reliance Polyethylen Limited (which we used to call RPEL or ILU in normal conversation), and Reliance Polypropylene Limited (RPPLor PILU) in 1992, and in 2002 again another company by the name of Reliance Petrochemicals ( It is not the same which got merged in 1992) in 2007 Indian Petrochemicals Limited (IPCL) these are few companies which got merged with Reliance. There is again a big list of companies that emerged from Reliance due to the split-up of Mukesh Ambani and Anil Ambani. The name of those companies which came in existence is Reliance Communication Ventures Limited, Reliance Natural Resources Limited, Reliance Capital Ventures Limited and Reliance Energy Ventures Limited. 
This is the history of Reliance which is the biggest company in India ( Market Capitalisation wise) which has so many twists of mergers and demergers, but What about other industrial houses like TATA group ( It too has a long list of mergers and demergers few of them like TATA Oil, Lakme, Trent, Hindustan Lever (HLL) which now called Hindustan Unilever, ACC( in the stock market it used to be known as Merger because it was created by merging around 13 cement companies). 
To be continued .....................