File Formats for Transfer of Shares to the Demat account of IEPF Authority

In furtherance to our newsletter dated 5^th May, 2017, all  Companies  are  required  to  transfer  such  shares to IEPF to the Demat Account of IEPF Authority  by  way  of  Corporate  Action. For  this  purpose,  the  IEPF  Authority  has  engaged  services  of  NSDL.

NSDL Vide Circular No.: NSDL/CIR/II/ 4 /2017 has prescribed three  different  file  formats  to  transfer  shares  to  Demat  account  of  IEPF  Authority  held with NSDL.

Format	Particulars
Format  A	Applicable where shares are being transferred from Investors’ holding  demat  account  in  NSDL  Depository  System
Format  B	Applicable where shares are being transferred from Investors’ holding demat account in CDSL Depository  System.
Format C	Applicable where shares being transferred are held in physical form

The detailed operational guidelines to transfer shares to the Demat account of IEPF Authority using the aforementioned file formats will be issued shortly.

   
      The circular can be downloaded from following link:

http://www.mca.gov.in/Ministry/pdf/IEPFcircular_09052017.pdf

The newsletter dated 5^th May, 2017 can be viewed on following link:

http://mmjcadvisoryblog.blogspot.in/2017/05/clarification-on-transfer-of-shares-to.html