how do i transfer shares from axisdirect to sbi securities its a closure cum transfer
Can check below how it works at zerodha, they may also follow similar process, right thing is to approach sbi and ask them for the process.
https://support.zerodha.com/category/your-zerodha-account/transfer-of-shares-and-conversion-of-shares/articles/how-do-i-transfer-shares-from-another-demat-account-to-my-zerodha-demat