Whether the heirs of the nominee are entitled to the shares/debenture/deposit amount, if the nominee dies before the nominator?

If the nominee dies before the deposit holder, Brawn Pharmaceuticals Limited should repay the deposit to the depositor on the date of maturity. If on the date of maturity, the depositor has also died, the heirs or legal representatives or holder of the succession certificate of the deposit holder is entitled to get refund of deposit and the interest due thereon. The heirs of the nominee are not entitled to claim the deposit amount if the nominee has predeceased the deposit holder.

Similarly, if the nominee dies before the shareholder/debenture holder, Brawn Pharmaceuticals Limited shall transmit the shares/debentures in the name of the heirs or legal representatives or holder of the succession certificate. The heirs of the nominee are not entitled to the shares/debentures if the nominee has predeceased the shareholder/debenture holder.

Footnote
* REGISTRAR AND TRANSFER AGENT
M/s RCMC Share Registry Private Ltd.,
B-106, Sector – 2, Noida – 201301 (U.P.)

By BrawnBiotech|2017-01-30T15:30:25+05:30January 30th, 2017|Comments Off

About the Author: BrawnBiotech

IMPORTANT ANNOUNCEMENT

To,

The Shareholders/ Promoters,

Pursuant to SEBI Circular No. SEDI/HO/MIRSD-PoD/P/CIR/2025/97, dated July 02, 2025, the Company is pleased to offer one time special window for physical shareholders to submit re-lodgement requests for the transfer of shares. The Special Window will be open from July 07, 2025 to January 06, 2026 and is applicable to cases where original share transfer requests were lodged prior to April 01, 2019 and were returned/ unattended or rejected due to deficiencies in documentation, process or any other reason. The shares re-lodged for transfer will be processed only in dematerialized form during this window. Eligible shareholders may submit their transfer requests along with the requisite documents to the Company’s Registrar and Share Transfer Agent (RTA) at RCMC Share Registry Pvt. Ltd. , B-25/1, 1^st Floor, Okhla Industrial Area, Phase II, New Delhi, 110020, India.

UPDATE KYC AND CONVERT PHYSICAL SHARES INTO DEMAT MODE

The Shareholders who are holding shares in Physical form are requested to update their KYC and also requested to convert their physical share Certificates in to dematerialized form ( electronic Form).Further pursuant to SEBI Circular No. SEBI/Cir/ISD/3/2011 dated June 17, 2011 in order to promote dematerialization of securities, it is mandatory for the Company to achieve 100% of promoter’s and promoter group’s shareholding in dematerialized form, thereby they are requested to convert their holdings in dematerialized form on priority basis.

Thanks

Brawn Biotech Limited.

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