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Get Request Forms For Surrender Of Vdl Shares
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How to fill out the Request Forms For Surrender Of VDL Shares online
Filling out the Request Form for the surrender of VDL share certificates is a crucial step for shareholders wishing to exchange their VDL shares for Hindustan Lever Limited (HLL) shares. This guide will help you navigate the process clearly and effectively.
Follow the steps to complete your request form easily.
- Press the ‘Get Form’ button to access the document and open it for editing.
- Begin by filling in your personal details at the top of the form. This includes your name as it appears on the VDL share certificates. Ensure that the names match exactly.
- In the section labeled ‘VDL Folio No.,’ input your VDL folio number, which can usually be found on your share certificate.
- Specify the total number of shares you wish to surrender in the field for ‘No. of Shares.’
- Indicate the number of share certificates you are submitting under ‘No. of Certificates.’
- If applicable, complete the details for the demat account where you wish the new HLL shares to be credited. This includes your DP ID, client ID, and the name as per the demat account.
- In the ECS details section, fill out the required bank account information to facilitate crediting dividends directly to your account. Double-check for accuracy.
- Review all the information provided for accuracy and completeness to prevent delays.
- Once all fields are filled, you have the options to save changes, download, print, or share the form for submission.
Complete your request forms online today to ensure timely processing of your VDL share surrender.
In short, a member can voluntarily surrender their shares to the company upon receiving the capital he invested into the company as consideration. Any surrender of shares that would lead to the reduction of a company's share capital will first need the passing of a special resolution by company members.
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