Friday, Jun 21, 2019 Current Time: 3:38:41 AM (BST) Market Status: Closed
1JANATAMF 4.70 
0.00    0.00%

1STPRIMFMF 10.00 
0.00    0.00%

AAMRANET 57.10 
0.20    0.35%

AAMRATECH 25.50 
-0.40    -1.54%

ABB1STMF 4.70 
0.00    0.00%

ABBANK 10.00 
0.00    0.00%

ACFL   34.60    
-0.30    -0.86%

ACI   271.40    
-1.00    -0.37%

ACIFORMULA 150.00 
-1.50    -0.99%

ACMELAB 73.00 
0.50    0.69%

ACTIVEFINE 27.50 
0.00    0.00%

ADVENT 33.40 
0.10    0.30%

AFCAGRO 31.10 
-0.50    -1.58%

AFTABAUTO 36.50 
-0.20    -0.54%

AGNISYSL 20.40 
0.00    0.00%

AGRANINS 27.90 
-0.70    -2.45%

AIBL1STIMF 7.20 
0.00    0.00%

AIL   58.50    
-1.10    -1.85%

AL-HAJTEX 73.00 
-0.70    -0.95%

ALARABANK 18.00 
0.00    0.00%

ALIF   10.10    
0.00    0.00%

ALLTEX 12.30 
0.70    6.03%

AMANFEED 43.50 
-0.70    -1.58%

AMBEEPHA 646.00 
-12.20    -1.85%

AMCL(PRAN) 248.10 
-2.90    -1.16%

ANLIMAYARN 37.00 
-0.10    -0.27%

ANWARGALV 77.00 
-1.20    -1.53%

APEXFOODS 182.10 
-3.20    -1.73%

APEXFOOT 313.90 
8.10    2.65%

APEXSPINN 141.60 
4.90    3.58%

APEXTANRY 141.00 
1.00    0.71%

APOLOISPAT 7.20 
0.10    1.41%

ARAMIT 346.10 
-6.20    -1.76%

ARAMITCEM 19.70 
0.10    0.51%

ARGONDENIM 24.80 
-0.40    -1.59%

ASIAINS 27.10 
-0.90    -3.21%

ASIAPACINS 27.50 
0.00    0.00%

ATCSLGF 10.30 
0.00    0.00%

ATLASBANG 133.50 
3.20    2.46%

AZIZPIPES 161.50 
-2.90    -1.76%

BANGAS 300.00 
-2.30    -0.76%

BANKASIA 18.70 
0.40    2.19%

BARKAPOWER 29.00 
0.10    0.35%

BATASHOE 1007.90 
2.50    0.25%

BATBC   1356.70    
-11.10    -0.81%

BAYLEASING 18.50 
-0.30    -1.60%

BBS   27.60    
-0.40    -1.43%

BBSCABLES 98.00 
1.50    1.55%

BDAUTOCA 259.80 
-3.60    -1.37%

BDCOM   29.70    
-0.10    -0.34%

BDFINANCE 13.50 
-0.30    -2.17%

BDLAMPS 217.20 
0.20    0.09%

BDTHAI 18.30 
-0.10    -0.54%

BDWELDING 16.70 
-0.10    -0.60%

BEACHHATCH 16.80 
1.50    9.80%

BEACONPHAR 20.00 
0.20    1.01%

BENGALWTL 27.10 
0.10    0.37%

BERGERPBL 1450.00 
-17.30    -1.18%

BEXIMCO 22.60 
0.00    0.00%

BGIC   23.80    
-0.80    -3.25%

BIFC   5.70    
0.10    1.79%

BNICL   22.50    
-0.70    -3.02%

BPML   65.00    
-0.10    -0.15%

BRACBANK 63.20 
0.30    0.48%

BSC   50.70    
0.70    1.40%

BSCCL   140.00    
-1.60    -1.13%

BSRMLTD 70.10 
-0.80    -1.13%

BSRMSTEEL 57.50 
-0.10    -0.17%

BXPHARMA 78.20 
0.10    0.13%

BXSYNTH 6.10 
0.10    1.67%

CAPMBDBLMF 6.90 
0.00    0.00%

CAPMIBBLMF 7.60 
0.10    1.33%

CENTRALINS 24.90 
-0.60    -2.35%

CENTRALPHL 12.70 
-0.10    -0.78%

CITYBANK 27.30 
0.00    0.00%

CITYGENINS 19.70 
-1.10    -5.29%

CNATEX 3.20 
0.20    6.67%

CONFIDCEM 158.30 
-3.20    -1.98%

CONTININS 23.00 
-0.80    -3.36%

CVOPRL 162.50 
-2.00    -1.22%

DACCADYE 4.50 
0.00    0.00%

DAFODILCOM 45.30 
0.50    1.12%

DBH   126.00    
0.90    0.72%

DBH1STMF 8.40 
-0.10    -1.18%

DELTALIFE 102.50 
-0.30    -0.29%

DELTASPINN 6.50 
0.10    1.56%

DESCO   45.40    
0.40    0.89%

DESHBANDHU 13.70 
-0.20    -1.44%

DHAKABANK 13.40 
-0.10    -0.74%

DHAKAINS 28.70 
0.00    0.00%

DOREENPWR 80.00 
-0.30    -0.37%

DSHGARME 209.60 
1.50    0.72%

DSSL   20.30    
-0.10    -0.49%

DULAMIACOT 48.00 
0.00    0.00%

DUTCHBANGL 68.00 
-0.20    -0.29%

EASTERNINS 55.70 
-4.50    -7.48%

EASTLAND 28.30 
-1.30    -4.39%

EASTRNLUB 1273.10 
-22.00    -1.70%

EBL   36.90    
0.10    0.27%

EBL1STMF 6.80 
0.00    0.00%

EBLNRBMF 4.60 
0.00    0.00%

ECABLES 354.00 
9.10    2.64%

EHL   53.50    
0.60    1.13%

EMERALDOIL 16.00 
0.40    2.56%

ENVOYTEX 34.60 
0.00    0.00%

ESQUIRENIT 43.80 
-0.60    -1.35%

ETL   13.70    
-0.10    -0.72%

EXIM1STMF 5.00 
-0.10    -1.96%

EXIMBANK 10.90 
0.00    0.00%

FAMILYTEX 4.10 
0.00    0.00%

FARCHEM 12.50 
-0.40    -3.10%

FAREASTFIN 5.60 
-0.20    -3.45%

FAREASTLIF 64.00 
-0.60    -0.93%

FASFIN 9.90 
-0.30    -2.94%

FBFIF   4.50    
0.00    0.00%

FEDERALINS 14.40 
-0.50    -3.36%

FEKDIL 16.70 
-0.10    -0.60%

FINEFOODS 38.10 
-0.60    -1.55%

FIRSTFIN 7.10 
0.50    7.58%

FIRSTSBANK 10.10 
0.00    0.00%

FORTUNE 34.90 
0.30    0.87%

FUWANGCER 12.40 
-0.10    -0.80%

FUWANGFOOD 16.10 
-0.40    -2.42%

GBBPOWER 11.20 
-0.10    -0.88%

GEMINISEA 288.00 
-1.30    -0.45%

GENEXIL 50.50 
1.00    2.02%

GENNEXT 5.70 
0.10    1.79%

GHAIL   35.00    
0.40    1.16%

GHCL   40.60    
-0.40    -0.98%

GLAXOSMITH 1426.60 
15.00    1.06%

GLOBALINS 31.20 
1.10    3.65%

GOLDENSON 9.70 
0.00    0.00%

GP   358.60    
-1.80    -0.50%

GPHISPAT 34.10 
0.00    0.00%

GQBALLPEN 80.80 
-1.00    -1.22%

GRAMEENS2 13.30 
0.00    0.00%

GREENDELMF 7.50 
0.20    2.74%

GREENDELT 62.50 
-0.40    -0.64%

GSPFINANCE 17.70 
-0.40    -2.21%

HAKKANIPUL 63.10 
-1.60    -2.47%

HEIDELBCEM 246.20 
-2.10    -0.85%

HFL   21.60    
-0.20    -0.92%

HRTEX   44.90    
-0.30    -0.66%

HWAWELLTEX 39.00 
0.00    0.00%

IBBLPBOND 927.00 
-3.50    -0.38%

IBNSINA 260.00 
2.00    0.78%

IBP   24.30    
-0.10    -0.41%

ICB   118.00    
-1.70    -1.42%

ICB3RDNRB 5.60 
0.00    0.00%

ICBAGRANI1 6.80 
0.00    0.00%

ICBAMCL2ND 7.10 
-0.20    -2.74%

ICBEPMF1S1 5.60 
-0.10    -1.75%

ICBIBANK 4.00 
0.00    0.00%

IDLC   61.00    
-1.20    -1.93%

IFADAUTOS 80.80 
-0.60    -0.74%

IFIC   10.20    
0.00    0.00%

IFIC1STMF 4.60 
0.00    0.00%

IFILISLMF1 7.10 
0.00    0.00%

ILFSL   11.60    
-0.20    -1.69%

IMAMBUTTON 27.90 
2.10    8.14%

INTECH 33.20 
-0.30    -0.90%

INTRACO 21.70 
-0.20    -0.91%

IPDC   32.20    
-0.50    -1.53%

ISLAMIBANK 24.20 
-0.20    -0.82%

ISLAMICFIN 17.00 
-0.20    -1.16%

ISLAMIINS 23.00 
-1.30    -5.35%

ISNLTD 31.80 
0.30    0.95%

ITC   43.70    
0.00    0.00%

JAMUNABANK 17.50 
-0.30    -1.69%

JAMUNAOIL 173.00 
0.40    0.23%

JANATAINS 18.50 
-1.20    -6.09%

JMISMDL 437.20 
-6.50    -1.46%

JUTESPINN 101.00 
5.90    6.20%

KARNAPHULI 20.90 
-0.30    -1.42%

KAY&QUE 216.40 
-3.70    -1.68%

KBPPWBIL 10.80 
-0.20    -1.82%

KDSALTD 55.80 
-0.60    -1.06%

KEYACOSMET 4.50 
-0.10    -2.17%

KOHINOOR 383.50 
0.40    0.10%

KPCL   57.50    
-0.20    -0.35%

KPPL   13.70    
0.00    0.00%

KTL   21.50    
0.10    0.47%

LANKABAFIN 21.00 
0.00    0.00%

LEGACYFOOT 141.20 
-0.70    -0.49%

LHBL   39.00    
-0.50    -1.27%

LIBRAINFU 900.10 
-11.60    -1.27%

LINDEBD 1203.20 
-4.20    -0.35%

LRGLOBMF1 7.00 
0.00    0.00%

MAKSONSPIN 6.50 
-0.20    -2.99%

MALEKSPIN 16.70 
-0.30    -1.76%

MARICO 1513.30 
14.70    0.98%

MATINSPINN 38.10 
-0.20    -0.52%

MBL1STMF 6.90 
0.10    1.47%

MEGCONMILK 18.80 
-0.50    -2.59%

MEGHNACEM 91.00 
-0.50    -0.55%

MEGHNALIFE 65.00 
-0.70    -1.07%

MEGHNAPET 12.50 
-0.30    -2.34%

MERCANBANK 14.70 
0.20    1.38%

MERCINS 28.70 
-1.30    -4.33%

METROSPIN 7.90 
0.00    0.00%

MHSML   12.20    
-0.40    -3.17%

MICEMENT 70.10 
-0.20    -0.28%

MIDASFIN 21.70 
-0.50    -2.25%

MIRACLEIND 26.30 
-0.50    -1.87%

MITHUNKNIT 15.40 
-0.30    -1.91%

MJLBD   87.00    
-0.10    -0.11%

MLDYEING 33.30 
0.00    0.00%

MONNOCERA 223.90 
-0.30    -0.13%

MONNOSTAF 1073.10 
-14.40    -1.32%

MPETROLEUM 194.00 
0.70    0.36%

MTB   34.40    
0.20    0.58%

NAHEEACP 53.50 
-0.70    -1.29%

NATLIFEINS 236.30 
-1.50    -0.63%

NAVANACNG 44.40 
-0.50    -1.11%

NBL   8.70    
-0.20    -2.25%

NCCBANK 14.10 
-0.50    -3.42%

NCCBLMF1 7.00 
0.30    4.48%

NEWLINE 24.40 
0.20    0.83%

NFML   10.60    
-0.10    -0.93%

NHFIL   42.00    
0.80    1.94%

NITOLINS 28.00 
-1.20    -4.11%

NORTHERN 1078.90 
63.40    6.24%

NORTHRNINS 25.70 
-0.10    -0.39%

NPOLYMAR 96.80 
-0.90    -0.92%

NTC   718.50    
5.70    0.80%

NTLTUBES 120.50 
1.30    1.09%

NURANI 17.00 
0.00    0.00%

OAL   11.00    
-0.20    -1.79%

OIMEX   33.20    
-0.10    -0.30%

OLYMPIC 231.00 
-1.10    -0.47%

ONEBANKLTD 13.20 
-0.10    -0.75%

ORIONINFU 56.30 
-0.30    -0.53%

ORIONPHARM 32.90 
-0.30    -0.90%

PADMALIFE 24.70 
0.40    1.65%

PADMAOIL 223.70 
-0.50    -0.22%

PARAMOUNT 22.80 
-1.00    -4.20%

PDL   16.80    
-0.20    -1.18%

PENINSULA 25.90 
0.10    0.39%

PEOPLESINS 25.40 
0.50    2.01%

PF1STMF 6.00 
0.20    3.45%

PHARMAID 608.30 
-6.90    -1.12%

PHENIXINS 31.00 
-1.00    -3.13%

PHOENIXFIN 27.50 
-0.10    -0.36%

PHPMF1 4.60 
-0.10    -2.13%

PIONEERINS 34.00 
-1.10    -3.13%

PLFSL   4.80    
0.30    6.67%

POPULAR1MF 4.60 
0.00    0.00%

POPULARLIF 101.90 
-0.10    -0.10%

POWERGRID 58.30 
-0.20    -0.34%

PRAGATIINS 37.00 
-1.40    -3.65%

PRAGATILIF 130.50 
-1.70    -1.29%

PREMIERBAN 11.40 
-0.10    -0.87%

PREMIERCEM 73.00 
3.00    4.29%

PREMIERLEA 10.60 
-0.50    -4.50%

PRIME1ICBA 6.20 
0.00    0.00%

PRIMEBANK 18.90 
0.10    0.53%

PRIMEFIN 10.00 
-0.10    -0.99%

PRIMEINSUR 22.40 
-0.80    -3.45%

PRIMELIFE 61.10 
-1.70    -2.71%

PRIMETEX 32.00 
0.00    0.00%

PROGRESLIF 97.00 
-0.50    -0.51%

PROVATIINS 29.60 
-1.00    -3.27%

PTL   60.20    
1.60    2.73%

PUBALIBANK 26.50 
-0.10    -0.38%

PURABIGEN 17.60 
-1.00    -5.38%

QUASEMIND 37.10 
0.00    0.00%

QUEENSOUTH 35.80 
-0.60    -1.65%

RAHIMTEXT 426.60 
0.40    0.09%

RAKCERAMIC 33.20 
-0.30    -0.90%

RANFOUNDRY 151.10 
-1.70    -1.11%

RDFOOD 14.90 
0.00    0.00%

RECKITTBEN 2201.00 
-13.10    -0.59%

REGENTTEX 17.40 
-0.20    -1.14%

RELIANCE1 9.60 
0.10    1.05%

RELIANCINS 48.00 
0.00    0.00%

RENATA 1199.90 
-0.90    -0.07%

RENWICKJA 1523.00 
-5.60    -0.37%

REPUBLIC 26.00 
-1.10    -4.06%

RNSPIN 6.50 
0.20    3.17%

RSRMSTEEL 46.30 
-0.20    -0.43%

RUNNERAUTO 80.60 
-1.60    -1.95%

RUPALIBANK 39.30 
-0.90    -2.24%

RUPALIINS 20.90 
-1.10    -5.00%

RUPALILIFE 66.40 
0.10    0.15%

SAFKOSPINN 18.70 
-0.20    -1.06%

SAIFPOWER 19.70 
-0.20    -1.01%

SAIHAMCOT 25.50 
-0.10    -0.39%

SAIHAMTEX 46.20 
-1.20    -2.53%

SALAMCRST 28.30 
-0.20    -0.70%

SALVOCHEM 15.90 
0.20    1.27%

SAMATALETH 69.10 
1.50    2.22%

SAMORITA 68.00 
0.00    0.00%

SANDHANINS 28.30 
-1.10    -3.74%

SAPORTL 23.50 
-0.10    -0.42%

SAVAREFR 111.70 
4.50    4.20%

SEBL1STMF 11.20 
0.00    0.00%

SEMLFBSLGF 10.00 
0.10    1.01%

SEMLIBBLSF 6.90 
0.20    2.99%

SEMLLECMF 7.10 
0.10    1.43%

SHAHJABANK 25.20 
-0.30    -1.18%

SHASHADNIM 47.10 
0.00    0.00%

SHEPHERD 39.80 
-0.30    -0.75%

SHURWID 32.00 
-0.80    -2.44%

SHYAMPSUG 28.50 
-0.20    -0.70%

SIBL   14.70    
0.00    0.00%

SILCOPHL 24.70 
0.00    0.00%

SILVAPHL 23.40 
-0.10    -0.43%

SIMTEX 26.10 
-0.60    -2.25%

SINGERBD 192.00 
2.50    1.32%

SINOBANGLA 54.50 
0.50    0.93%

SKTRIMS 49.20 
-0.30    -0.61%

SONALIANSH 514.20 
-0.80    -0.16%

SONARBAINS 46.00 
-4.00    -8.00%

SONARGAON 33.50 
0.10    0.30%

SOUTHEASTB 13.60 
-0.10    -0.73%

SPCERAMICS 13.50 
0.10    0.75%

SPCL   84.50    
-0.50    -0.59%

SQUARETEXT 44.90 
0.30    0.67%

SQURPHARMA 260.80 
0.60    0.23%

SSSTEEL 26.70 
-0.60    -2.20%

STANCERAM 244.50 
-0.60    -0.24%

STANDARINS 30.00 
-0.50    -1.64%

STANDBANKL 9.90 
-0.20    -1.98%

STYLECRAFT 678.10 
-5.40    -0.79%

SUMITPOWER 41.10 
-0.20    -0.48%

SUNLIFEINS 32.10 
2.10    7.00%

TAKAFULINS 29.00 
-0.80    -2.68%

TALLUSPIN 5.20 
-0.10    -1.89%

TITASGAS 38.80 
0.10    0.26%

TOSRIFA 20.30 
-0.10    -0.49%

TRUSTB1MF 4.70 
-0.10    -2.08%

TRUSTBANK 32.20 
-0.10    -0.31%

TUNGHAI 3.90 
0.00    0.00%

UCB   17.40    
-0.10    -0.57%

UNIONCAP 10.90 
-0.70    -6.03%

UNIQUEHRL 50.50 
-0.10    -0.20%

UNITEDAIR 2.60 
0.10    4.00%

UNITEDFIN 19.50 
-0.80    -3.94%

UNITEDINS 63.00 
-1.90    -2.93%

UPGDCL 372.00 
1.60    0.43%

USMANIAGL 99.20 
-1.40    -1.39%

UTTARABANK 28.30 
0.30    1.07%

UTTARAFIN 60.90 
-0.10    -0.16%

VAMLBDMF1 6.90 
0.10    1.47%

VAMLRBBF 6.80 
0.10    1.49%

VFSTDL 53.00 
0.80    1.53%

WATACHEM 487.10 
-3.80    -0.77%

WMSHIPYARD 17.40 
-0.20    -1.14%

YPL   13.40    
-0.10    -0.74%

ZAHEENSPIN 10.80 
0.10    0.93%

ZAHINTEX 9.50 
0.10    1.06%

ZEALBANGLA 38.40 
-1.20    -3.03%


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Process of gift/transfer of listed securities outside the trading system of the Exchange under regulation 47 of the Dhaka Stock Exchange (Listing) Regulations, 2015

Detailed Version

 


Step 1: Download Required Form http://www.dsebd.org/share-transfer.php.


A. Forms for gift/transfer of listed securities as per Regulation 47 of the Dhaka Stock Exchange (Listing) Regulations, 2015:

1. Annexure-6 under Schedule-B [Applicable for transfer of securities by way of gift among the family members i.e. spouse, son, daughter, father, mother, brother and sister]

2. Annexure-7 under Schedule-B [Applicable for (i) Transfer of securities for execution of a Court order; (ii) Acquisition of securities in consideration of other than cash; and (iii) Transfer of shares in case of confiscation/loan default.]

B. Acquisition cost declaration format for tax purposes (If the transferor is a sponsor/ director/placement holder)


Step 2: Duly fill up the Applicable Forms:

Use applicable forms as mentioned in Step 1.

 

Step 3: Verify Signature:
Signature of the transferor should be verified by the authorized officer of the Issuer/Asset Manager/Depository Participant along with their name, date and seal with designation).


Step 4: Documents to be enclosed

For Annexure-6 under Schedule-B:

1. National ID Card/Passport of both transferor and transferee(s) attested by the signature verifier;
2. Updated BO-ISIN holding report (DPA6) of both transferor and transferee(s);
3. Shareholding/unit holding position of both transferor and transferee(s) (if transferor/transferee(s) are sponsor/director) issued by the issuer/asset manager;
4. If the transferor is a sponsor/director, acquisition cost declaration format for tax purposes;
5. In case of transfer of entire holding of shares by sponsor/director, extract of Board Resolution;
6. Any other documents required by the Exchange.

For Annexure-7 under Schedule-B:

1. If transferor or transferee is an institution, extract of Board Resolution;
2. Updated BO-ISIN holding report (DPA6) of both the parties;
3. Shareholding/unit holding position of both seller/transferor and buyer/transferee(s) issued by the Issuer/Asset Manager;
4. Loan agreement between lender and borrower highlighting specific provision about authorization of confiscation of securities in case of default;
5. Necessary documents for pledged shares (i.e., DP26, DP32, DP89, Form 17-1, Form 17-2, etc);
6. Necessary documents as a proof of default;
7. Attested photocopy of National ID card of both seller/transferor and buyer/ transferee (in case of individual);
8. Any other documents required by the Exchange.

 

Step 5: Submit application form for approval along with relevant Documents.


Step 6: Pay service charge and Advance Income Tax (AIT) (if applicable) through Pay Order in favor of 'Dhaka Stock Exchange Limited' at the time of receiving approval letter.

1.SERVICE CHARGE CALCULATOR
(To calculate click on the button)
   
2. ADVANCE INCOME TAX (AIT) CALCULATOR
(To calculate click on the button)
 
  • Service Charge: 0.05% on the closing price of the securities to be transferred or Taka 50.00 (fifty) whichever is higher. The closing price of the securities prevailing on the day of approval accorded by the Exchange shall be taken as the price of the securities for the purpose of such service charge.


Example: Mr. X wants to transfer 10,000 shares of ABC Company Limited and closing price per share of ABC Company Limited is Tk. 30. How much service charge has to pay by Mr. X?


Total Market Value of transferred shares = (No. of shares * Closing Price)

= (10,000 * 30)
= Tk. 300,000


So, Service Charge has to pay by Mr. X = (Total Market Value * 0.05%)

= (300,000 * 0.05%)
= Tk. 150

Therefore, Mr. X has to pay Tk. 150 as service charge.

 

  • Advance Income Tax (AIT): 5% on Capital Gain of transferred shares/units


    Example: Mr. X is a sponsor director of ABC Company Limited who wants to transfer 10,000 shares and closing price per share of ABC Company Limited is Tk. 30. Acquisition Cost (weighted average cost) per share is Tk. 14. How much Advance Income Tax has to pay by Mr. X?

    Total Market Value of transferred shares = (No. of shares * Closing Price Per Share)

    = (10,000 * 30)
    = Tk. 300,000

Total Acquisition Cost of transferred shares = (No. of shares * Acquisition Cost Per Share)

= (10,000 * 14)
= Tk. 140,000

Total Capital Gain of transferred shares = (Total Market Value – Total Acquisition Cost)

= (300,000-140,000)
= Tk. 160,000

So, Advance Income Tax has to pay by Mr. X = (Total Capital Gain* 5%)

= (160,000 * 5%)
= Tk. 8,000

Therefore, Mr. X has to pay Tk. 8,000 as Advance Income Tax (AIT).


Note: AIT is applicable for Sponsor/Director/Placement Holder.

 

Step 7: Submit declaration:

Submit declaration form to BSEC and Exchanges prior to execution of transfer (in case of sponsor/director/placement holder)

Declaration for buy/sell/transfer of shares/units as per Listing Regulation 34 (1) & (2):

          1. Declaration form for Sponsors or Directors
          2. Declaration form for Placement Holders


Declaration forms are available in the link http://www.dsebd.org/share-transfer.php .

 

Step 8: Execute Transfer:
Go to concerned Depository Participant (DP) to execute the transfer and do the formalities with them. The execution shall be completed within 30 (thirty) working days from the date of approval or any days mentioned in the approval letter.

 

Step 9: Submit Completion Report:
Submit completion report along with relevant documents relating to the said transfer within 7 (seven) days of such execution.


 

 

 

 

 

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