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Frequently Asked Questions on Nomination of Shares Nomination of Shares Section 109A 1. What are nomination and its advantages? Nomination refers to the act of nominating a person in whom the shares
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Nomination of shares is the process of appointing a nominee or beneficiary to whom the shares will be transferred in case of the shareholder's death.
Individual shareholders are required to file nomination of shares.
The nomination of shares form can be obtained from the stock exchange or company registrar. It should be filled with nominee details, shareholding details, and signed by the shareholder.
The purpose of nomination of shares is to facilitate the smooth transfer of shares to the nominee in the event of the shareholder's demise.
The nomination of shares form typically requires the details of the nominee, relationship with the shareholder, and the percentage of shares to be transferred.
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