Transfer of Demat Shares - Advice Wanted

Hi Ashwani Kumar Aggarwal,

Can you advise on what things to check before buying delisted/unlisted shares in terms of having the ownership transferred ?

1) If I buy demat shares and they got credited to my DP account, do I need to take any additional steps like informing the registrars etc or
any new dividends/bonuses will automatically credited to my DP account?
2) If I buy physical shares, and if I dont inform the registrar, what will happen to future corporate actions ?Will they be sent to the seller who sold the shares to me and
will he be still having a right on them?

Also, please advise if any other things are to be checked.

Thanks
Vinod

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There is no difference in the transfer procedure of Delisted or Listed Shares.

Once transferred all further benefits would accrue to the transferee automatically.

For Physical Shares , Please check :-

That if there is a bad delivery ( mainly because of Transferor's signature difference  . it should be in a position to be rectified quickly.

In case of Physical Delisted shares kindly get the correct address of the Company / RTA

The Delisted Company should not have become non functional.