InvestorQ : Can there be more than one nominee?
Mary Joseph made post

Can there be more than one nominee?

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Riya Dwivedi answered.
3 years ago
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Current regulations permit you to nominate up to 3 nominees. Their names and demat accounts and other details must be furnished. You may mention up to three nominees in one depository account. Please take care to mention the share of each nominee (in %) in the nomination form, if you are mentioning more than one nominee. If you don’t mention any percentage then the law will divide the value of the shares equally.
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