Transfer of shares from one broker to another

General
1

Is there any process to transfer shares from one broker to another ?

2

Follow the below steps to transfer your shares from another broker to Alice Blue:

Step 1: Access the CDSL Easiest platform by logging in on this link.

Step 2: Navigate to the ‘Transaction’ section and choose ‘Setup.’

Step 3: On the Setup page, opt for ‘Bulk Setup.’

Step 4: Select ‘Transaction’ and specify the execution date. Enter the Beneficiary Owner ID (BOID) to which you intend to transfer the shares.

Step 5: Choose the ISIN by clicking on ‘Account ISINs.’ This will display a list of all ISINs in your holdings. Pick the relevant ISIN, input the quantity, and select the reason for the trade from the provided list.

Step 6: Review the ISIN details and submit the setup.

Step 7: After submission, a confirmation message will be displayed. Proceed to verify your request.

Step 8: Click on the ‘Verify’ option and then click on Commit.’

Step 9: Enter your CDSL Easiest PIN to complete the process. (This PIN is an 8-digit alphanumeric PIN and you will receive this PIN on your registered email during the initial registration on CDSL Easiest.)

Step 10: Once the PIN is entered, your share transfer request will be submitted.

Step 11: Then the transfer request is forwarded to your Depository Participant (DP) for confirmation. Once confirmed, the request is approved, and the share transfer is processed.