Koushikaa’s father has gifted her the shares of a large cement compa

1.	Koushikaa’s father has gifted her the shares of a large cement company with which he had been working. The securities were in physical form. She already has a bank account and does not possess any other forms of securities. She wishes to sell the shares and approached a registered broker for the purpose. Mention one mandatory detail which she will have to provide with the broker.
Answer» Mandatory Detail: 1. The shares can be sold by opening a Demat account. 2. She has to mention the no of shares of the cement company. 3. Without paper work shares can be transferred through dematerialisation. 4. Shares can be transferred to the person who wants to purchase. 5. Also mention the name of the company, Type of share, amount of share capital.

Koushikaa’s father has gifted her the shares of a large cement company with which he had been working. The securities were in physical form. She already has a bank account and does not possess any other forms of securities. She wishes to sell the shares and approached a registered broker for the purpose. Mention one mandatory detail which she will have to provide with the broker.

Answer»

Mandatory Detail:

1. The shares can be sold by opening a Demat account.

2. She has to mention the no of shares of the cement company.

3. Without paper work shares can be transferred through dematerialisation.

4. Shares can be transferred to the person who wants to purchase.

5. Also mention the name of the company, Type of share, amount of share capital.