What is a Letter of Confirmation? How can I apply for it?

As per the latest SEBI circular, a Letter of Confirmation is issued (instead of physical share certificates) for the following service requests:
  • Issue of duplicate securities certificates
  • Claims from Unclaimed Suspense Account
  • Renewal/exchange of securities certificates
  • Endorsement
  • Sub-division/splitting of securities certificates
  • Consolidation of securities certificates/folios
  • Transmission
  • Transposition

Hence from now on, when you apply for new share certificates, you will be issued a Letter of Confirmation which can be submitted in place of the original share certificates.

Refer the NSDL circular for more information.

Please note that the letter is valid for 120 days from the date of issuance.

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