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Date: The Manager Custody & Settlement Department Foundation Securities (Pvt) Ltd. Karachi.DEPOSIT OF PHYSICAL SHARES FOR INDUCTION INTO CDC Dear Sir, Kindly deposit following physical shares along
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How to fill out deposit of physical shares

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How to fill out deposit of physical shares

01
Gather all the physical share certificates that you want to deposit.
02
Contact your bank or brokerage firm and inquire about their process for depositing physical shares.
03
Follow the instructions provided by the bank or brokerage firm.
04
Typically, you will need to fill out a deposit form or letter provided by the institution.
05
Provide all the necessary information on the form, including your personal details, the company's name, number of shares, and certificate details.
06
Ensure that the share certificates are properly endorsed or signed according to the institution's requirements.
07
Attach the share certificates to the completed form or letter.
08
Submit the completed form and share certificates to the bank or brokerage firm as instructed.
09
Follow up with the institution to confirm the successful deposit of the physical shares.
10
Keep a record of the deposit transaction for future reference.

Who needs deposit of physical shares?

01
Individuals who want to convert their physical share certificates into electronic form may opt for a deposit of physical shares.
02
Investors who wish to trade or sell their shares electronically on stock exchanges might need to convert their physical shares.
03
Companies or institutions that require efficient management and tracking of their share ownership may also opt for depositing physical shares.
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Deposit of physical shares is a process of submitting physical share certificates to a central depository for dematerialization and holding in electronic form.
Any individual or entity holding physical share certificates is required to file deposit of physical shares.
To fill out deposit of physical shares, one must contact their depository participant and follow their guidelines for submission of physical share certificates.
The purpose of deposit of physical shares is to simplify the process of shareholding by converting physical certificates into electronic form.
The deposit of physical shares typically requires details such as share certificate numbers, names of shareholders, and the quantity of shares being deposited.
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