I want to convert physical shares into demat.
I have lost copy of old dividend warrants/allotment advice for old address proof.
What is the format for notarized affidavit ?
What is the value of non judicial stamp paper?
Can non judicial stamps of equivalent value be pasted on plain paper affidavit instead of non judicial stamp paper due to non availability?
I think you should raise a support ticker for the best resolution.
Than you @ShubhS9. As per SEBi Mar 2023 circular, no PoA required if ISR 2 is submitted as long as the share is not transferred to IEPF.
Checked with RTA also.
Nevertheless I want format of POA as one of my share is with IEPF.
Ganesan
To convert your physical shares to demat mode, you need to submit a dematerialization request as explained here.
If you don’t have proof of your old address and the RTA (Registrar and Transfer Agent) requires it, you can submit KYC documents (ISR-1 and ISR-2) along with a request letter to the RTA that mentions both your old and new addresses. It’s best to contact the RTA directly since some may have their letter format. A common format from one of the RTAs is attached below for reference,
Affidavits are used in different situations and will have different formats and values. If there’s a name mismatch while dematerializing your physical shares, you’ll need to execute an affidavit (the value depends on the stock valuation or state Stamp Duty Act) using any format provided by a notary. If you’re applying for a duplicate share certificate or claiming shares from the IEPF account, the stamp value will be ₹500 for the indemnity bond and ₹200 for an address change affidavit (if needed).
Yes, you can use non-judicial stamps of equivalent value, or opt for e-stamping or franking if stamp paper is unavailable.
If the shares are in your name and have been moved to the IEPF account, you can claim them by submitting the required documents mentioned here. A Power of Attorney (PoA) is not needed when claiming your own shares. However, if you need a PoA for any reason, you should contact the company’s RTA for the format. The depository participant is not involved in the IEPF claiming process.
