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Investor contact
Share Department & Investor Relation Cell
8,Commercial Complex
Masjid Moth, Greater Kailash – II
New Delhi – 110048
Tel. : +91-11-30688999
Fax : +91-11-29226015
Email : investor@hfcl.com
Contact Person : Mr. Manoj Baid
Designation : Company Secretary
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Registrar & Transfer Agent
M/s MCS Limited
F-65, Okhla Industrial Area
Phase-I, New Delhi – 110 020
Tel. : +91-11-41406149-52
Fax : +91-11-41709881
Email : admin@mcsdel.com
Contact Person : Mr. Amarjeet
Designation : Sr. Manager
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PAN Mandatory for Transfer / Transmission / Transposition of Shares
SEBI Circulars for the requirement of PAN card for Transfer / Transmission / Transpostion
of shares in physical form
The Securities & Exchange Board of India (SEBI) vide their Circular No. MRD/DoP/Cir-05/2009
dated May 20, 2009 has made it mandatory for the transferee(s) to furnish copy of
attested PAN card to the Company/RTA for registration of transfer of shares. No
transfer of any shares in physical form will be effected unless a copy of PAN Card
along with duly executed transfer deed(s) and share certificate(s) is submitted
by the transferee.
In view of the above Stock Exchanges have appended the following clause as Clause
11(c) to the Listing Agreement:
Clause 11(c) – the transferee(s) furnish a copy of their PAN card to the Company/
RTA’s for registration of transfer of shares, for securities market transactions
and off-market / private transactions involving transfer of shares in physical form.
Securities and Exchange Board of India (SEBI) vide Circular no. SEBI/MRD/DoP/SE/RTA/Cir-03/2010
dated January 07, 2010 (Copy of the Circular attached) has clarified that it shall
be mandatory to furnish a copy of PAN in the following cases –
1) Deletion of name of the deceased shareholder(s), where the shares are held in
the name of two or more shareholders.
2) Transmission of shares to the legal heir(s), where deceased shareholder was the
sole holder of shares.
3) Transposition of shares – when there is a change in the order of name in which
physical shares are held jointly in the name of two or more shareholders.
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