how to accept gift securities?

How do accept gift securities?

  • Recipients get gift details via email and SMS.

  • To accept gifted securities, follow this step:
    1. click on the link received via ''email'' and ''SMS''.
    2. login into Jainam space.
    3. click on ''Accept the gift''.

  • The sender must use the CDSL TPIN to authorize the transfer after the recipient accepts the gift.

Related facts:

  • The sender can cancel the transaction at any time before transferring the stock. to know more about the gifting process, and how to gift securities?
  • The stock's closing price on the day of transfer is the exit price for the person gifting the stock and the entry price for the recipient.
  •  The average price is updated within 3 working days. Different views can be taken on the acquisition price while filing for income tax.