When writing a request letter for stock transfer, it's important to clearly state your details, the details of the stocks to be transferred, and the reason for the transfer. Be polite and provide all necessary information such as the stock name, volume, price, and the recipient's account details. Additionally, authorize the appropriate authority to carry out the transfer and ensure all relevant documents are attached for processing.
Sample Request Letter for transfer of stocks
From,
__________ (Sender’s Details),
__________ (Name)
__________ (Details)
Date: __/__/____ (Date)
To,
The Manager
__________ (Name of the Company)
__________ (Address of the Company)
Subject: Request for transfer of stocks
Dear Sir/ Madam,
With due respect, my name is ___________ (name) and I am holding ________ (User ID/ account number) in your company.
I am writing this letter in reference to the stocks _______ (stock name), _______ (volume), ________ (price) which were bought by me on _________ (date). In this regard, I request you to kindly the transfer of stocks ______ (volume) to _______ (stockholder’s account) in the name of _________ (name of the receiver of stocks). The reason for the same is ________ (mention reason for transfer).
I hereby authorize ______ (authority name) to transfer the above-said stocks to the mentioned _______ (person/ company). As per requirements, please find all relevant documents attached along with this application.
Truly,
__________ (Signature)
__________ (Name)
__________ (Contact Details)
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Sandeep Bhandari