Shareholding / Share Transfer
Last updated: August 2026 · Reviewed by the Ravel Corporate Advisors team
Bringing in a new shareholder, buying out an existing one, or reorganising ownership — we handle the share transfer deeds, approvals and register updates so the change is valid and clean.
Key takeaways
- Covers share transfers and changes to the shareholding pattern.
- Executed through a share transfer deed (Form SH-4).
- Stamp duty is payable on the transfer.
- Board approval and register-of-members update required.
When shareholding changes
- A shareholder sells or gifts shares to another person.
- A new investor is brought in (with a fresh allotment or transfer).
- An existing shareholder exits and is bought out.
- Ownership is reorganised among family members or partners.
Documents required
- Share transfer deed in Form SH-4, duly signed.
- Share certificates of the shares being transferred.
- Board resolution approving the transfer.
- Stamp duty paid on the transfer value.
- PAN and details of the incoming shareholder.
Process
- Transfer deed — SH-4 prepared and executed by transferor and transferee.
- Stamp duty — paid on the consideration.
- Board approval — the transfer registered by the board.
- Records updated — register of members and new share certificate issued.
A share transfer is different from a fresh allotment of new shares (which uses PAS-3). We advise which applies. Reconstituting the board too? See director change.