Share transfer stamp

Raja Rajeswari S (Querist) 11 June 2010 This query is : Resolved
Kindly send me a specimen of the share transfer stamp(stirken off(just for knowing it.). It is not available in my place. Where can i get it?
thanks & regards

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Girish Vaghani (Expert) 12 June 2010

At present, the system of physical share transfer has been replaced by Demat Account.Almost all the Trading in the Shares of a listed company take place in Demat form only. So, if you have a share of a listed company, you may opt for the Dematerialisation (Demat) of the your physical share. If not, then you may opt for the Stamp Franking equivalent to an amount of the stamp required.

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