Signature mismatch is one of the most common reasons why share transfer, transmission, or dematerialization requests get rejected in India. This issue is especially frequent in old physical share certificates, senior citizen cases, and inheritance matters.
Signature mismatch occurs when the current signature of the shareholder does not match the signature recorded in the company’s or RTA’s records.
Common Reasons for Signature Mismatch
- • Shares purchased many years ago
- • Change in signature style over time
- • Old age or health-related issues
- • Joint holders with outdated records
- • Signature of deceased shareholder
- • Poor-quality or damaged old documents
Where Does Signature Mismatch Create Problems?
- • Physical share dematerialization
- • Physical share dematerialization
- • Transmission of shares to legal heirs
- • Recovery of lost share certificates
- • Sale of inherited physical shares
Demat Account Signature Mismatch
Signature mismatch can also occur in Demat accounts due to:
- • Differences between bank, PAN, and Demat records
- • Outdated KYC details