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Share Certificate · Demat vs Physical

Demat vs Physical Share Name Correction in Karnataka

Fixing a name is not the same for demat shares and physical shares. One goes through your depository participant, the other through the company's RTA. This guide shows which route applies to you and how each works in Karnataka.

Guide by Karnataka Name Change · Updated July 2026
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Demat versus physical share name correction in Karnataka, handled by the depository participant for demat and by the registrar with ISR forms for physical
For most physical share service requests the securities now come back in demat form rather than as a corrected paper certificate.
Quick answer: For demat shares in Karnataka, a name correction is done through your depository participant, the broker or bank where your demat account is held, with proof of the name and ID. For physical shares, it is done through the company's RTA and ends with the shares being moved to demat. So the demat route is direct, while the physical route also involves dematerialization. For physical shares use Form ISR-1, and open a demat account first, since the securities are issued in demat form.

Both routes fix the name, just through different offices. For the full picture, see our share certificate name change and correction guide.

Side by side

The Key Difference

The proof of name is the same for both, an affidavit, certificate, decree, or gazette. What changes is which office you deal with and whether dematerialization is involved.

Demat

Through your DP

  • Handled by your depository participant.
  • The broker or bank with your demat account.
  • No dematerialization needed.
Physical

Through the RTA

  • Handled by the company's RTA.
  • KFintech, MUFG Intime, or another agent.
  • Ends with a move to demat.
The Thing That Changes Everything

Why Physical Is Now a One-Way Door

People holding paper certificates often want the correction made and the certificate returned to them, still on paper. For most service requests that is no longer how it works, and knowing this before you start saves a wasted expectation.

  • Listed companies now issue securities only in dematerialised form when processing a defined list of service requests, under the Securities and Exchange Board of India's master circular for registrars dated 23 June 2025.
  • The list is broad — it covers a duplicate certificate, a claim from the unclaimed suspense account, renewal or exchange of a certificate, endorsement, sub-division or splitting, consolidation of certificates or folios, transmission and transposition.
  • So the paper does not come back — you hand in the original certificate, and what you receive is a credit to your demat account rather than a corrected certificate.
  • Which means you need a demat account first — if you do not have one, open it before you file, because the request cannot complete without somewhere for the shares to land.
  • Transfers have been demat only since 2018 — physical transfer of securities was stopped in December 2018, so this is the continuation of a long-running direction rather than a sudden change.
  • Form ISR-4 is the request — submitted with the documents specified in it, and the registrar takes the original certificate for processing.
What this means practically: the honest way to describe the physical route is not "correct the certificate" but "correct the record and convert to demat in the same movement". Anyone promising you a corrected paper certificate for these requests is describing an older system.
Already in demat

Correcting Demat Shares

If your shares are already in a demat account, the name correction is handled by your depository participant, not the RTA. It is usually the simpler of the two routes.

Contact your DP

Approach the broker or bank where your demat account is held.

Submit the correction request

Use the DP's form for a name change or correction.

Attach proof and ID

Your affidavit or gazette, and self-attested PAN and Aadhaar.

Verification

The DP updates the name on your demat account.

Good to know: updating your demat name also relies on your PAN and Aadhaar matching. See our PAN and Aadhaar mismatch guide.
Still on paper

Correcting Physical Shares

If your shares are still physical certificates, the correction goes through the company's RTA and ends with the shares being dematerialized, since physical transfer is no longer allowed.

Find your RTA

Identify the agent for that company, commonly KFintech or MUFG Intime, formerly Link Intime.

Submit the service request

The RTA's form with your proof of name and ID.

Attach the certificate

The original share certificate and your demat details.

Verification and demat

The RTA corrects the name and moves the shares to demat.

Tip: the physical route is covered in detail in our physical share correction guide.
Ask For Them By Name

The ISR Forms Nobody Names

Pages on this subject say "the RTA's form" and leave it there. Since 2023 the forms have been standardised across every company and registrar, and knowing which one you need is most of the battle.

  • ISR-1 — the request for registering or updating PAN and KYC details, which is the route for intimating a change in name, address, bank details, contact details or signature for physical holders.
  • ISR-2 — confirmation of the securities holder's signature by their banker, which matters where a name or signature mismatch is the problem rather than a simple spelling.
  • ISR-3 — the declaration used to opt out of nomination, if that applies to you.
  • ISR-4 — the request for a duplicate certificate and the other service requests listed above, all of which now result in demat credit.
  • Nomination is separate again — handled through the prescribed nomination forms rather than through ISR-1.
  • The original signed form is required — registrars do not accept a photocopy of a signed form, so post the original rather than scanning it.
Why this saves weeks: a name mismatch is often better handled by getting the signature confirmed through ISR-2 at the outset, rather than waiting for the registrar to raise it as a deficiency and losing a cycle of several weeks.
A Problem You May Already Have

The Frozen Folio Problem

If you hold physical shares and have never sent your PAN and KYC details to the registrar, your folio may already be frozen, and you would not necessarily know.

  • Furnishing PAN and KYC details is mandatory — the Securities and Exchange Board of India has required holders of physical securities in listed companies to provide these to the registrar.
  • What is required — PAN, nomination, postal address with PIN and mobile number, bank account details with IFSC, and your specimen signature.
  • Folios without them can be frozen — and a frozen folio is reverted once the missing details are submitted, so this is fixable rather than permanent.
  • Bank details matter for dividends — they exist so that money due to you can be paid electronically rather than sitting unclaimed.
  • Do this alongside the name correction — the same ISR-1 covers registering and updating these details, so there is no reason to make two journeys.
  • Check whether dividends have gone unclaimed — unclaimed amounts are a common sign that the registrar has stale details for you.
Before you do anything else: write to the registrar and ask for a statement of your folio. It will tell you the number of shares, the dividend history, the registered bank account, and whether anything has already moved to the Investor Education and Protection Fund.
Watch

How to Change a Name on a Share Certificate

A walkthrough covering the same registrar route this page describes, filmed for shareholders in Bangalore.

Video: changing a name on a share certificate, for shareholders in Bangalore.

One thing to hold on to while watching: for the listed service requests the securities now come back in dematerialised form rather than as a corrected paper certificate, so open a demat account before you file and use Form ISR-1 for the name and KYC update.
Find yours

Which Route Applies to You

Check first

Do you hold paper?

  • Physical certificate means the RTA route.
Check first

Do you have a demat account?

  • Shares in demat means the DP route.
Either way

End state is demat

  • Both routes leave your shares in demat.
Not sure? Send us how you hold your shares and we will tell you the exact route and the office to approach.
Time Sensitive

Old Certificates, IEPF and a Window That Closes

If your certificate is decades old, inherited, or was once rejected for a transfer, there are two things worth knowing that most guides on this subject do not mention at all.

  • There is a special re-lodgement window open now — the Securities and Exchange Board of India opened a further window for transfer and dematerialisation of physical securities bought or sold before 1 April 2019, for requests that were earlier rejected, returned or left unattended.
  • It runs for a year from February 2026 — so it is open at the time of writing and does not stay open indefinitely.
  • Securities re-lodged come in demat, with a lock-in — shares registered through this window are issued in demat form and carry a lock-in of one year from the date the transfer is registered.
  • Shares unclaimed for seven years move to the IEPF — the Investor Education and Protection Fund, established under the Companies Act, 2013.
  • Once with the IEPF, the registrar cannot help — the claim is made to the Authority directly through Form IEPF-5, filed on the Ministry of Corporate Affairs portal, with the indemnity bond and advance receipt generated after upload.
  • A name mismatch complicates an IEPF claim — which is a strong argument for correcting the record before shares reach that stage rather than afterwards.
Confirm the current position before you rely on any of this. Circulars and windows in this area change frequently. Check sebi.gov.in and the registrar's own investor pages, and for a grievance use the Securities and Exchange Board of India's complaints system. This page reflects the position as at August 2026.
If a gazette is needed · Option 1

Karnataka State Gazette Process

Whether your shares are demat or physical, a legal new name needs a gazette as the proof. For Karnataka residents the State Gazette is the faster route, run by the Department of Printing, Stationery and Publications in Bengaluru.

Notarised affidavit

Old name, new name, and reason on stamp paper, before a notary.

Newspaper notice

One English and one Kannada daily; keep the full original pages.

Application file

Form with Aadhaar, address proof, photos, affidavit, and newspaper originals.

Submit and pay

Lodge the file at the department's Bengaluru office with the fee.

Published and downloaded

Your notification appears in the state gazette; download the PDF from the e-Gazette portal.

Quicker option: the state gazette is typically faster and is accepted by DPs, RTAs, and banks.
If a gazette is needed · Option 2

Central Gazette (Gazette of India) Process

The Central Gazette is published from Delhi and is valid across all of India. It is required for government employees and useful when a nationwide record of your name is needed.

Affidavit

The same notarised name change affidavit.

National daily advert

One English national daily plus a regional paper; a local-only paper is not accepted.

Form, CD and DD

Application form, a soft copy on CD, ID proof, and a demand draft for the fee.

Send to Delhi

To the Controller of Publications, Department of Publication, Civil Lines, Delhi 110054.

Published and downloaded

Once in the Gazette of India, download from egazette.gov.in.

Both are valid: for Karnataka residents, the State and Central Gazette are both accepted for a share name correction. Full details in our gazette name change guide.
What to prepare

Documents for Each Route

  • Proof of name — affidavit, marriage certificate, decree, or gazette, for both routes.
  • PAN and Aadhaar — self-attested, in the correct name, for both.
  • DP correction form — for demat shares.
  • RTA service form and original certificate — for physical shares.
  • Demat account details — needed for the physical route.
Tip: for the full case-wise checklist, see our documents required guide.
Straight Talk

Share Correction Advice That Is Out of Date

These are the claims we found on pages covering demat and physical share name corrections, checked against the current framework.

  • Out of date: the registrar corrects your certificate and sends it back on paper. Right: for the listed service requests, securities are now issued only in dematerialised form, so you need a demat account before you start.
  • Vague everywhere: pages that say "the RTA's form". Right: the forms are standardised. ISR-1 for name and KYC updates, ISR-2 for signature confirmation, ISR-4 for duplicate certificates and the other service requests.
  • Missing: no page warns that a folio without PAN and KYC details can be frozen, or that submitting them reverts it.
  • Missing: no page mentions the special re-lodgement window currently open for pre-2019 transfers that were earlier rejected or returned.
  • Missing: no page explains that shares unclaimed for seven years move to the Investor Education and Protection Fund, after which the claim goes to the Authority through Form IEPF-5 rather than to the registrar.
  • Imprecise: pages naming CAMS as the registrar for equity shares. Right: CAMS is best known as a mutual fund registrar. For listed equity, KFintech and MUFG Intime, formerly Link Intime, are the ones most people deal with.

Securities market circulars, forms and windows change frequently. Confirm current requirements on sebi.gov.in or with the registrar concerned before you apply. This page is general information and not investment or legal advice.

Areas we serve

Demat and Physical Share Help Across Karnataka

We help correct names on both demat and physical shares in every district of Karnataka:

BangaloreMysuruMangaluruHubballi DharwadBelagaviKalaburagiBallari VijayapuraDavangereShivamoggaTumakuru RaichurBidarHassanUdupi ChikkamagaluruChitradurgaKolarMandya

Do not see your city? We serve all Karnataka districts. Just contact us.

People also ask

People Also Ask About Demat and Physical Share Name Corrections

These are the follow-up questions Karnataka shareholders search most, answered in one or two lines each.

Where do I fix a name on demat shares?
Through your depository participant, which is the broker or bank holding your demat account. Submit their name change request with your proof of name and self attested identity documents.
Where do I fix a name on physical shares?
Through the company's Registrar and Transfer Agent, commonly KFintech or MUFG Intime. The standardised form for a name and KYC update is ISR-1.
Will I get my corrected certificate back on paper?
No, for the listed service requests. Securities are now issued only in dematerialised form when a duplicate certificate, transmission, transposition, consolidation or similar request is processed, so the shares come to your demat account instead.
Do I need a demat account before I start?
Yes, if you hold physical shares. The request cannot complete without an account for the shares to be credited to, so open one before you file rather than partway through.
Which ISR form do I need?
ISR-1 for registering or updating PAN, KYC and name details. ISR-2 where a signature or name mismatch needs the banker's confirmation. ISR-4 for a duplicate certificate and the other service requests.
My folio seems to be frozen. Why?
Most likely because PAN and KYC details were never furnished to the registrar. Submitting the PAN, contact details, bank account details, nomination and specimen signature reverts a frozen folio.
What if my shares have gone to the IEPF?
Shares unclaimed for seven years move to the Investor Education and Protection Fund, and the claim is then made to the Authority directly through Form IEPF-5 on the Ministry of Corporate Affairs portal rather than through the registrar.
My transfer was rejected years ago. Is it too late?
Not necessarily. A special window is currently open for transfer and dematerialisation of physical securities bought or sold before April 2019 where the request was earlier rejected, returned or left unattended. Shares registered through it carry a one year lock-in.
Can I send a photocopy of the signed form?
No. Registrars require the original signed form, and photocopied signatures are not accepted, so post the original rather than emailing a scan.
Do I need a Gazette for a share name correction?
Only for a genuine change of name. A spelling correction is supported by your identity documents and an affidavit. Where the name is actually changing, the Gazette notification is the supporting proof.
Questions and answers

Frequently Asked Questions

What is the difference between a demat and a physical share name correction?
For demat shares, the correction is done through your depository participant, the broker or bank where your demat account is held, with proof of the name and ID. For physical shares, it is done through the company's RTA and ends with the shares being moved to demat. So the demat route is direct, while the physical route also involves dematerialization.
Where do I go to fix a name on demat shares?
You approach your depository participant, which is the broker or bank where your demat account is maintained. Submit their name change or correction form with your proof of name, such as an affidavit or gazette, and self-attested PAN and Aadhaar. The DP updates the name on your demat account after verification.
Where do I go to fix a name on physical shares?
You approach the company's Registrar and Transfer Agent, such as KFintech or CAMS. Submit the service request form with your proof of name, ID, and the original certificate. Since physical transfer is no longer allowed, the correction ends with the shares being dematerialized into your demat account.
Is the proof of name different for demat and physical?
No. The proof of name is the same for both routes, a discrepancy affidavit for a spelling fix, a marriage certificate after marriage, a decree after divorce, or a gazette for a new legal name. What changes is the office you deal with, your depository participant for demat and the RTA for physical shares.
Do I need a gazette for either route?
Only for a genuinely new legal name, and that applies to both routes equally. For a spelling fix an affidavit is enough. When a gazette is needed, both the Karnataka State Gazette and the Central Gazette are valid for Karnataka residents, and the same gazette works whether your shares are demat or physical.
Can you handle both demat and physical corrections?
Yes. Tell us how you hold your shares and your case. We confirm whether it is the depository participant or the RTA route, prepare the affidavit or arrange a gazette if needed, complete the correct form, and guide the submission, so the name is corrected on your shares without rejection.

People also search for: demat vs physical share name correction, name change demat account, physical share name correction, DP name change shares, dematerialization name correction, correct name demat shares.

M
Written by Monika BA, BEd · 5+ years in legal documentation writing

Monika writes on name change, gazette notifications, and legal documentation. With over five years of experience explaining legal processes in simple language, she helps readers understand affidavits, gazette procedures, and record updates without the jargon. All guidance is checked against official Government portals before publishing.

Demat or Physical? We Will Confirm Your Route

Tell us how you hold your shares and your case. We confirm the depository participant or RTA route, prepare the affidavit or arrange a gazette if needed, complete the correct form, and guide the submission.

People also search for

People Also Search For

Related searches that come up alongside a share name correction, each answered in a line so you know whether it applies to you.

  • ISR-1 form download — the standardised request for registering or updating PAN, KYC and name details with the registrar.
  • ISR-2 banker signature confirmation — used where a signature or name mismatch needs confirming, and worth filing at the outset rather than after a rejection.
  • ISR-4 duplicate share certificate — the request for a duplicate and the other service requests, all of which now result in demat credit.
  • Frozen folio physical shares — caused by missing PAN and KYC details, and reverted once they are submitted.
  • IEPF-5 claim shares — the route once shares unclaimed for seven years have moved to the Investor Education and Protection Fund.
  • SEBI special window re-lodgement — currently open for pre-2019 transfers earlier rejected or returned, with a one year lock-in on shares registered through it.
  • KFintech folio search — the registrar's self service portal for tracing a folio, with a similar facility offered by MUFG Intime.
  • Share certificate name change — the full picture. See our share certificate name change and correction guide.
  • Physical share certificate correction — the paper route in detail. See our physical share correction guide.
  • KFintech and CAMS process — registrar specific steps. See our KFintech and CAMS process guide.
  • Documents for share name correction — the checklist for each route. See our documents required guide, or our gazette name change guide.
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