Add or Remove Director
Add, remove or replace a director.
Business Setup
Share Transfer in a Private Limited Company
Shareholder exiting or bringing in a co-founder? We handle the share transfer – transfer deed, stamp duty, board approval and updated records.
- 5–7 working days
- SH-4 transfer deed
- Stamp duty guidance
- Register of members updated
How a share transfer works
Shares in a private company are transferred under the restrictions in its articles of association – often a right of first refusal for existing shareholders. The transfer is documented in a share transfer deed (Form SH-4), stamped and approved by the board, after which the company updates its register of members.
Things to check
- Articles of association – pre-emption rights and board approval requirements.
- Stamp duty – 0.015% of the consideration on a transfer of shares.
- Demat – most private companies (other than small companies) must now issue and transfer shares only in dematerialised form; we guide you through the depository process.
- Non-resident buyers or sellers – pricing rules and FEMA reporting apply, so a valuation report is usually needed.
- Tax – capital gains for the seller.
Our service
We review the articles, draft the SH-4 and board resolution, guide you on stamp duty and demat steps and update the statutory registers. Documenting the deal between shareholders? See our shareholders’ agreement.
Documents required for Share Transfer
After you purchase, log in to My Account → My Services and upload each document below. Scanned copies or clear phone photos (PDF, JPG or PNG) are fine. Your files are stored privately and seen only by your assigned expert.
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Details of transferor and transferee Names, PAN, address and number of shares Required
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Share certificates or demat details Of the shares being transferred Required
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Agreed price or valuation report A valuation is needed for transfers involving non-residents If applicable
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Certificate of incorporation, MOA and AOA Current versions Required
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Board / shareholder resolutions We draft these for signature If applicable
Share Transfer process with Nevo Legal
Review
Articles and any shareholders’ agreement checked.
Documents
SH-4 transfer deed and resolutions drafted.
Stamping
Stamp duty paid and the deed executed.
Records
Board approval and register of members updated.
What you get
- Executed SH-4 share transfer deed
- Board resolution approving the transfer
- Updated register of members
Share Transfer – frequently asked questions
Is ROC filing needed for a share transfer?
There is no specific ROC form for a transfer itself; the change is reflected in the company’s registers and in its next annual return.
What stamp duty applies to a share transfer?
0.015% of the consideration.
Can shares be transferred to a non-resident?
Yes, subject to FEMA pricing guidelines and reporting, which usually needs a valuation report.
You may also need
All Business Setup services Related services
Registered Office Change
Move your registered office legally.
Increase Authorised Capital
Raise the cap on shares you can issue.
Not sure which service you need?
Speak to a Nevo Legal expert. We will understand your requirement and recommend the right legal route – no obligation.