Reliance Industries — Nri repatriable shares

Address:Reliance Industries

Dear Sir

I am having NRI Repatriable share and my bank need a letter from the Registrar that I am holding the share in NRE account and it is repatriable in NRE account.

I send couple of email but so far no response.

Copy of Email correspondence is as below

Dear Sir

With reference to our telephone conversation, I am enclosing my details.
I am having Reliance Industries shares (1706) held AS NRE Status.

I am having DEMAT account with HDFC and shares are held in this account. I am unable to sell the shares because they required any one of the document (Mentioned as below -Share in demat Account) as a repatriation proof. These shares bought in primary account in[protected].

Share details is as follows :

Reliance Industries
DP ID : IN301549
CLIENT ID : 53271061
Bank :HDFC BANK LTD
NO OF SHARES :1706

I am in India for a short time to complete this task. I request you to send me the details at your earliest.

If you need any additional information then pleased let me know.

Anyone of the below will be required by HDFC Bank

Shares in NRE demat account :

Please note, to sell the shares which are in NRE demat account you need to fill attached annexure 1 and forward us scanned image of that along with NRE demat holding statement and repatriation proof.

Any one of the below mentioned document can be provided as a repatriation proof.

1. Copy of Allottment letter / Letter from the company mentioning the allotment details of shares on repatriation basis.

2. Copy of cheque which shows that the said cheque was issued towards payment of purchase of the shares.

3. Copy of Bank statement which mentions that the transaction was towards payment for purchase of respective shares.

4. Copy of IPO Application form which mentions that the shares were bought by the customer on Repatriation basis.

5. RBI approval number issued to Company for allotment of shares to NRE customers.

6. Confirmation from Company Registrar stating the shares were purchased by customer by utilizing his NRE funds.

Looking forward to hearing from you.

Kind Regards

Vinod Bhargava
[protected]
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Reliance Industries customer support has been notified about the posted complaint.
Jan 20, 2023
Updated by Vinod270854
not received /not resolved
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    +91 11 4356 1601
    +91 22 2278 5000 [Reliance Industries]
    +91 22 4477 0000
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    Maker Chambers - IV, Nariman Point, Mumbai, Maharashtra, India - 400021
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