Now, the depository(CDSL) is processing the Closure-Cum-Transfer for clients who hold Demat A/c in Karvy/Anugrah Stock Broking.
Procedure:
A request Letter addressing To CDSL stating transferring of Demat a/c from Karvy/Anugrah to your New Demat A/c (please mention From DPID; to DPID and wet signatures of all the a/c holders)
I received the same kind of email from NSDL on 22 Dec, as my demat account is with them.
Do we have to follow some different procedure to
transfer the shares from Karvy to Zerodha.
I tried asking nsdl about the procedure but they
haven’t replied to any of my emails as yet.
Can anyone please clarify the procedure for nsdl demat a/c holders?
Can someone confirm that CDSL is indeed able to close the acct at karvy and steering shares to new demat based on request being sent to cdslindia. Would appreciate if someone can share the experience and also the timeline by when cdsl is able to act on this. I am in a similar situation and based on this I had emailed a couple of days ago.
I would like to know this process as well. NSDL has terminated as of Dec 31 the DP partnership with Karvy. However unlike CDSL there is no info on how to transfer Karvy stocks from NSDL to a new broker. Thanks.
Please wait for some more time depositories they are already working on the closure request received from the clients, as the volume is very high it’s taking a little longer time for them.
Did anyone manage to get through NSDL’s customer care? They dont answer the calls. They are not replying to the mails.
I have opened account with Zerodha. Received the physical CMR copy as well. From where do I get the Form 34? NSDL website is shit and doesn’t have the forms.
Also to which address should I send the documents to?