confusion

#1
hello guys!
I hv a great confusion...........
My father bought some share way back in '90's and he did not transfer that of 'X' company.Now the company name has changed and we want to transfer that share.....BONUS OF SHARE GOES TO THE UNKNOWN PERSON.
HOW CAN WE TRANFSER THAT SHARE??????????????????????????????????

PLEASE REPLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 

MurAtt

Well-Known Member
#2
Great confusion ... its a Great Blunder and if the X company is RIL/Infosys/ONGC/SBIN/SAIL/LT etc then its The Greatest Blunder

Contact the company directly as well as contact your broker.
Tell him now u want to transfer as well as get the bonus dividend etc etc.

The new certificates (name changed) will already be with the old seller and if he has sold it then god help you :D

The broker may/may not be able to help you. He may not exist too.

The company will need persuasion.
The transfer deed will have to be re-validated.
There will be a procedure .. your broker will/should help you in this regards.

Also since you will be taking this painstaking step ... ask for refund of dividend from original holder to you too.

And why the X company .. I mean if its RIL then are we gonna ask for spoils or what?
And are you gonna give if we ask :D

Whats there to hide ...
 

MurAtt

Well-Known Member
#4
ankushh said:
I m very new to share market so please guide me truly...
I just wanna test my fortune.I found u very genuine,so i m consulting with u.
I want to buy a share of worth Rs100000-/ for long term(1 year ).........
plese reply which one i buy????????????
please give me list....
investing is not a joke. what if I am not equipped to give any suggestions (or tips - as one may call it) ? then all your Rs 1 lac gone in the drain ...

read some books ... learn something about the stock markets ... about how the price moves and why and what goes into investing etc.

THEN take a decision and u will be surprised that you now know what to do with your money !!!

Cheers
 

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