{"id":424,"date":"2025-12-29T12:47:45","date_gmt":"2025-12-29T12:47:45","guid":{"rendered":"https:\/\/investorlink.in\/blog\/?p=424"},"modified":"2025-12-29T12:47:46","modified_gmt":"2025-12-29T12:47:46","slug":"how-to-use-sebi-10-lakh-limit-for-duplicate-shares","status":"publish","type":"post","link":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/","title":{"rendered":"How Will SEBI\u2019s New \u20b910 Lakh Threshold Simplify Duplicate Share Certificate Applications?"},"content":{"rendered":"\n<p>A duplicate share certificate refers to a new certificate issued to an investor when their original share certificate is lost or destroyed. Although most shares are now held in dematerialized (demat) form, many older investors still possess physical certificates. Losing these documents due to moving house, natural disasters, fire, or simply due to a lack of proper storage is quite common.<\/p>\n\n\n\n<p>Previously, the process of obtaining a duplicate share certificate was quite complex. The requirement of multiple documents, notarization, stamp duty, and legal formalities often led many small investors to give up midway. So, SEBI has recently simplified the rules to ensure that investors can reclaim their rights at a lower cost in less time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How Did the Previous SEBI Framework for Duplicate Share Certificate work?<\/h2>\n\n\n\n<p>SEBI issued a circular regarding the issuance of duplicate share certificates on May 25, 2022. According to those rules, there was a simplified documentation process for shares worth up to \u20b95 lakh. However, the process has often become complicated.<\/p>\n\n\n\n<p>Investors had to submit multiple affidavits and indemnity bonds. In many cases, notarization and high stamp duty were required, which seemed unreasonable compared to the value of the shares. The cost and effort of gathering these documents were difficult for small investors. So, many did not apply for duplicate certificates despite having a valid claim.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">SEBI&#8217;s New Circular for Duplicate Share Certificate Issuance<\/h2>\n\n\n\n<p>SEBI has simplified the rules for issuing <a href=\"https:\/\/investorlink.in\/duplicate-share-certificates\" title=\"Issue duplicate share certificates\"><strong>duplicate share certificates<\/strong><\/a> through a recent circular to address this problem. The biggest change is that the limit for simplified documentation has been increased from \u20b95 lakh to \u20b910 lakh. This will bring many more investors under the purview of this benefit.<\/p>\n\n\n\n<p>SEBI aims to simplify investing and relieve investors of unnecessary hassles. According to the new rules, all listed companies and their Registrars and Transfer Agents (RTAs) must follow this process.<\/p>\n\n\n\n<p>These rules have come into effect immediately and will also apply to applications that are already in process. Importantly, previously submitted documents do not need to be resubmitted.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Revised Documentation Rules Based on Share Value<\/h2>\n\n\n\n<p>SEBI has categorized the documentation requirements into three tiers based on the value of the shares under the new rules. This ensures that investors only need to submit documents relevant to their specific situation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1. Shares Valued Up to \u20b910,000<\/h3>\n\n\n\n<p>The rules are simplest for investors whose shares are valued up to \u20b910,000. In this case, simple undertaking on plain paper is sufficient. No notarization is required. This allows small investors to apply easily and avoid unnecessary expenses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Shares Valued Between \u20b910,000 and \u20b910 Lakh<\/h3>\n\n\n\n<p>SEBI has prescribed a standard affidavit-cum-indemnity bond for this category of investors. Previously, multiple forms were required, but now a single document suffices. This will reduce stamp duty costs and expedite the process. This is a relief for holders of medium-value shares.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. Shares Valued Above \u20b910 Lakh<\/h3>\n\n\n\n<p>In cases where the share value exceeds \u20b910 lakh, the previous level of security has been maintained. Investors will need to submit documents such as FIRs, police complaints, or court-related documents. SEBI believes that additional verification is necessary for these high-value shares. However, efforts have been made to minimize unnecessary paperwork even in this category.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Importance of Standardized Affidavit-cum-Indemnity Bond<\/h2>\n\n\n\n<p>SEBI has simplified the process of obtaining duplicate share certificates by introducing a standardized affidavit-cum-indemnity bond. Previously, investors had to submit multiple affidavits and indemnity bonds, leading to duplication of paperwork and increased costs.<\/p>\n\n\n\n<p>Now, all listed companies and RTAs will follow the same rules in a specific format. This will reduce confusion and expedite the application process. Both time and stamp duty costs will be reduced. This is a great relief, especially for elderly investors and small shareholders. They can easily prepare the necessary documents.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">New Rules Regarding Newspaper Advertisements<\/h2>\n\n\n\n<p>Publishing advertisements in newspapers for duplicate share certificates has long been a common practice in the industry. Now, SEBI has formally made it part of the regulations. According to the new guidelines, listed companies will publish these advertisements on behalf of the investor.<\/p>\n\n\n\n<p>The company may charge a nominal fee for this service. This eliminates the need for investors to arrange advertisements separately. Furthermore, the application processing time will begin from the date of publication of the advertisement. This will make the entire process more transparent and time bound.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Immediate Effectiveness and Relief for Ongoing Applications<\/h2>\n\n\n\n<p>SEBI&#8217;s new rules have come into effect immediately. These rules apply to new applications and those that are already in process. Most importantly, previously submitted documents will not need to be resubmitted.<\/p>\n\n\n\n<p>SEBI has clearly instructed companies and RTAs not to request documents again. This creates an opportunity for the quick resolution of applications that have been pending for a long time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Move Towards Dematerialization and Investor Protection<\/h2>\n\n\n\n<p>SEBI has clarified that in the future; all duplicate share certificates will be issued only in dematerialized form. This will reduce the risk of loss, fraud, or misuse of physical certificates.<\/p>\n\n\n\n<p>Holding shares in dematerialized form makes storage easier and transactions safer. This initiative strengthens SEBI&#8217;s long-term dematerialization goals. It will also reduce reliance on expensive intermediaries. In many cases, service fees previously exceeded the share value, which will no longer be necessary.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Impact of the New Rules<\/h2>\n\n\n\n<p>Retail and small investors will benefit the most from these revised rules. The process will be significantly easier, especially for those holding old physical share certificates.<\/p>\n\n\n\n<p>Elderly investors and legal heirs will also find great relief. Previously, many claims were pending due to complex regulations. Now, with less paperwork, lower costs, and clearer rules, investing and reclaiming investment rights will be much simpler.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p>SEBI&#8217;s decision provides a practical solution to real problems. The regulator demonstrates a positive approach towards investors by simplifying documentation, reducing costs, and introducing clear rules. This makes the process easier and fairer.<\/p>\n\n\n\n<p>If you need assistance with duplicate share certificates, <a href=\"https:\/\/investorlink.in\/dematerialisation-of-shares\" title=\"physical shares to demat\"><strong>physical shares to demat<\/strong><\/a> conversion, or completing the entire process with SEBI rules, <strong><a href=\"https:\/\/investorlink.in\/\" title=\"Investorlink website\">Investorlink<\/a> <\/strong>is here to help. We provide end-to-end investor support with experience and reliability, ensuring you reclaim your rights quickly and without hassle.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Helpful Questions About Duplicate Share Certificate<\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1766995368625\"><strong class=\"schema-faq-question\"><strong>What is a duplicate share certificate, and when is it needed?<\/strong><\/strong> <p class=\"schema-faq-answer\">A duplicate share certificate is needed when the original share certificate is no longer available. Sometimes, the paper certificate gets lost, torn, or damaged due to age. The investor needs a new certificate to prove ownership of their shares. This duplicate certificate may also be required during dematerialization or share transfer.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1766995402968\"><strong class=\"schema-faq-question\"><strong>Why has SEBI increased the limit to \u20b910 lakh?<\/strong><\/strong> <p class=\"schema-faq-answer\">Previously, there were simplified rules for shares worth up to \u20b95 lakh. However, the market has grown, and many investors naturally hold shares of higher value. Therefore, SEBI has increased this limit to \u20b910 lakh. This allows a larger number of people to apply with less paperwork. The main objective is to reduce costs and relieve investors of unnecessary hassle.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1766995417160\"><strong class=\"schema-faq-question\"><strong>Are FIRs or court documents required for everyone to obtain a duplicate share certificate?<\/strong><\/strong> <p class=\"schema-faq-answer\">No, FIRs or court documents are not required for everyone. These documents are only needed when the total value of the shares exceeds \u20b910 lakh. These documents are generally not required for shares valued below \u20b910 lakh. This allows small and medium-sized investors to apply easily and avoid legal complications.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1766995431465\"><strong class=\"schema-faq-question\"><strong>Do applications that have already been submitted require resubmission of documents?<\/strong><\/strong> <p class=\"schema-faq-answer\">No, SEBI has clarified that applications are already under process and do not require resubmission of documents. If the investor has submitted the documents according to the previous rules, the company or RTA cannot ask for documents again in the new format. This creates an opportunity for many pending applications to be resolved quickly.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1766995452993\"><strong class=\"schema-faq-question\"><strong>Why is SEBI now issuing duplicate shares only in demat form?<\/strong><\/strong> <p class=\"schema-faq-answer\">SEBI aims to strengthen the demat system. Physical share certificates carry a higher risk of loss, fraud, or misuse. Holding shares in demat form ensures safer storage and easier transactions. Therefore, duplicate shares are now being issued only in demat form. It enhances investor protection.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>A duplicate share certificate refers to a new certificate issued to an investor when their original share certificate is lost or destroyed. Although most shares are now held in dematerialized (demat) form, many older investors still possess physical certificates. Losing these documents due to moving house, natural disasters, fire, or simply due to a lack [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-share-certificates"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How SEBI\u2019s \u20b910 Lakh Limit Eases Duplicate Share Certificates<\/title>\n<meta name=\"description\" content=\"SEBI eases duplicate share certificate applications with a \u20b910 lakh limit, cutting legal formalities and making recovery faster for investors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How SEBI\u2019s \u20b910 Lakh Limit Eases Duplicate Share Certificates\" \/>\n<meta property=\"og:description\" content=\"SEBI eases duplicate share certificate applications with a \u20b910 lakh limit, cutting legal formalities and making recovery faster for investors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/\" \/>\n<meta property=\"og:site_name\" content=\"Investorlink Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-29T12:47:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-29T12:47:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/12\/How-Will-SEBIs-New-\u20b910-Lakh-Threshold-Simplify-Duplicate-Share-Certificate-Applications-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"363\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Monisha Chaudhary\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Monisha Chaudhary\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/\",\"url\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/\",\"name\":\"How SEBI\u2019s \u20b910 Lakh Limit Eases Duplicate Share Certificates\",\"isPartOf\":{\"@id\":\"https:\/\/investorlink.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/12\/How-Will-SEBIs-New-\u20b910-Lakh-Threshold-Simplify-Duplicate-Share-Certificate-Applications-1.webp\",\"datePublished\":\"2025-12-29T12:47:45+00:00\",\"dateModified\":\"2025-12-29T12:47:46+00:00\",\"author\":{\"@id\":\"https:\/\/investorlink.in\/blog\/#\/schema\/person\/fabf210c1750305601febf03e0a52119\"},\"description\":\"SEBI eases duplicate share certificate applications with a \u20b910 lakh limit, cutting legal formalities and making recovery faster for investors.\",\"breadcrumb\":{\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995368625\"},{\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995402968\"},{\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995417160\"},{\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995431465\"},{\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995452993\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#primaryimage\",\"url\":\"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/12\/How-Will-SEBIs-New-\u20b910-Lakh-Threshold-Simplify-Duplicate-Share-Certificate-Applications-1.webp\",\"contentUrl\":\"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/12\/How-Will-SEBIs-New-\u20b910-Lakh-Threshold-Simplify-Duplicate-Share-Certificate-Applications-1.webp\",\"width\":800,\"height\":363,\"caption\":\"How Will SEBI\u2019s New \u20b910 Lakh Threshold Simplify Duplicate Share Certificate Applications (1)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/investorlink.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How Will SEBI\u2019s New \u20b910 Lakh Threshold Simplify Duplicate Share Certificate Applications?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/investorlink.in\/blog\/#website\",\"url\":\"https:\/\/investorlink.in\/blog\/\",\"name\":\"Investorlink Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/investorlink.in\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/investorlink.in\/blog\/#\/schema\/person\/fabf210c1750305601febf03e0a52119\",\"name\":\"Monisha Chaudhary\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/investorlink.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/03\/monish-150x150.png\",\"contentUrl\":\"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/03\/monish-150x150.png\",\"caption\":\"Monisha Chaudhary\"},\"sameAs\":[\"https:\/\/investorlink.in\/blog\"],\"url\":\"https:\/\/investorlink.in\/blog\/author\/investorlink\/\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995368625\",\"position\":1,\"url\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995368625\",\"name\":\"What is a duplicate share certificate, and when is it needed?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A duplicate share certificate is needed when the original share certificate is no longer available. Sometimes, the paper certificate gets lost, torn, or damaged due to age. The investor needs a new certificate to prove ownership of their shares. This duplicate certificate may also be required during dematerialization or share transfer.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995402968\",\"position\":2,\"url\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995402968\",\"name\":\"Why has SEBI increased the limit to \u20b910 lakh?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Previously, there were simplified rules for shares worth up to \u20b95 lakh. However, the market has grown, and many investors naturally hold shares of higher value. Therefore, SEBI has increased this limit to \u20b910 lakh. This allows a larger number of people to apply with less paperwork. The main objective is to reduce costs and relieve investors of unnecessary hassle.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995417160\",\"position\":3,\"url\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995417160\",\"name\":\"Are FIRs or court documents required for everyone to obtain a duplicate share certificate?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No, FIRs or court documents are not required for everyone. These documents are only needed when the total value of the shares exceeds \u20b910 lakh. These documents are generally not required for shares valued below \u20b910 lakh. This allows small and medium-sized investors to apply easily and avoid legal complications.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995431465\",\"position\":4,\"url\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995431465\",\"name\":\"Do applications that have already been submitted require resubmission of documents?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No, SEBI has clarified that applications are already under process and do not require resubmission of documents. If the investor has submitted the documents according to the previous rules, the company or RTA cannot ask for documents again in the new format. This creates an opportunity for many pending applications to be resolved quickly.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995452993\",\"position\":5,\"url\":\"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995452993\",\"name\":\"Why is SEBI now issuing duplicate shares only in demat form?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"SEBI aims to strengthen the demat system. Physical share certificates carry a higher risk of loss, fraud, or misuse. Holding shares in demat form ensures safer storage and easier transactions. Therefore, duplicate shares are now being issued only in demat form. It enhances investor protection.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How SEBI\u2019s \u20b910 Lakh Limit Eases Duplicate Share Certificates","description":"SEBI eases duplicate share certificate applications with a \u20b910 lakh limit, cutting legal formalities and making recovery faster for investors.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/","og_locale":"en_US","og_type":"article","og_title":"How SEBI\u2019s \u20b910 Lakh Limit Eases Duplicate Share Certificates","og_description":"SEBI eases duplicate share certificate applications with a \u20b910 lakh limit, cutting legal formalities and making recovery faster for investors.","og_url":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/","og_site_name":"Investorlink Blog","article_published_time":"2025-12-29T12:47:45+00:00","article_modified_time":"2025-12-29T12:47:46+00:00","og_image":[{"width":800,"height":363,"url":"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/12\/How-Will-SEBIs-New-\u20b910-Lakh-Threshold-Simplify-Duplicate-Share-Certificate-Applications-1.webp","type":"image\/webp"}],"author":"Monisha Chaudhary","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Monisha Chaudhary","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["WebPage","FAQPage"],"@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/","url":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/","name":"How SEBI\u2019s \u20b910 Lakh Limit Eases Duplicate Share Certificates","isPartOf":{"@id":"https:\/\/investorlink.in\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#primaryimage"},"image":{"@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#primaryimage"},"thumbnailUrl":"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/12\/How-Will-SEBIs-New-\u20b910-Lakh-Threshold-Simplify-Duplicate-Share-Certificate-Applications-1.webp","datePublished":"2025-12-29T12:47:45+00:00","dateModified":"2025-12-29T12:47:46+00:00","author":{"@id":"https:\/\/investorlink.in\/blog\/#\/schema\/person\/fabf210c1750305601febf03e0a52119"},"description":"SEBI eases duplicate share certificate applications with a \u20b910 lakh limit, cutting legal formalities and making recovery faster for investors.","breadcrumb":{"@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995368625"},{"@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995402968"},{"@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995417160"},{"@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995431465"},{"@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995452993"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#primaryimage","url":"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/12\/How-Will-SEBIs-New-\u20b910-Lakh-Threshold-Simplify-Duplicate-Share-Certificate-Applications-1.webp","contentUrl":"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/12\/How-Will-SEBIs-New-\u20b910-Lakh-Threshold-Simplify-Duplicate-Share-Certificate-Applications-1.webp","width":800,"height":363,"caption":"How Will SEBI\u2019s New \u20b910 Lakh Threshold Simplify Duplicate Share Certificate Applications (1)"},{"@type":"BreadcrumbList","@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/investorlink.in\/blog\/"},{"@type":"ListItem","position":2,"name":"How Will SEBI\u2019s New \u20b910 Lakh Threshold Simplify Duplicate Share Certificate Applications?"}]},{"@type":"WebSite","@id":"https:\/\/investorlink.in\/blog\/#website","url":"https:\/\/investorlink.in\/blog\/","name":"Investorlink Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/investorlink.in\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/investorlink.in\/blog\/#\/schema\/person\/fabf210c1750305601febf03e0a52119","name":"Monisha Chaudhary","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/investorlink.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/03\/monish-150x150.png","contentUrl":"https:\/\/investorlink.in\/blog\/wp-content\/uploads\/2025\/03\/monish-150x150.png","caption":"Monisha Chaudhary"},"sameAs":["https:\/\/investorlink.in\/blog"],"url":"https:\/\/investorlink.in\/blog\/author\/investorlink\/"},{"@type":"Question","@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995368625","position":1,"url":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995368625","name":"What is a duplicate share certificate, and when is it needed?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"A duplicate share certificate is needed when the original share certificate is no longer available. Sometimes, the paper certificate gets lost, torn, or damaged due to age. The investor needs a new certificate to prove ownership of their shares. This duplicate certificate may also be required during dematerialization or share transfer.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995402968","position":2,"url":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995402968","name":"Why has SEBI increased the limit to \u20b910 lakh?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Previously, there were simplified rules for shares worth up to \u20b95 lakh. However, the market has grown, and many investors naturally hold shares of higher value. Therefore, SEBI has increased this limit to \u20b910 lakh. This allows a larger number of people to apply with less paperwork. The main objective is to reduce costs and relieve investors of unnecessary hassle.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995417160","position":3,"url":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995417160","name":"Are FIRs or court documents required for everyone to obtain a duplicate share certificate?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No, FIRs or court documents are not required for everyone. These documents are only needed when the total value of the shares exceeds \u20b910 lakh. These documents are generally not required for shares valued below \u20b910 lakh. This allows small and medium-sized investors to apply easily and avoid legal complications.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995431465","position":4,"url":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995431465","name":"Do applications that have already been submitted require resubmission of documents?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No, SEBI has clarified that applications are already under process and do not require resubmission of documents. If the investor has submitted the documents according to the previous rules, the company or RTA cannot ask for documents again in the new format. This creates an opportunity for many pending applications to be resolved quickly.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995452993","position":5,"url":"https:\/\/investorlink.in\/blog\/how-to-use-sebi-10-lakh-limit-for-duplicate-shares\/#faq-question-1766995452993","name":"Why is SEBI now issuing duplicate shares only in demat form?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"SEBI aims to strengthen the demat system. Physical share certificates carry a higher risk of loss, fraud, or misuse. Holding shares in demat form ensures safer storage and easier transactions. Therefore, duplicate shares are now being issued only in demat form. It enhances investor protection.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/posts\/424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/comments?post=424"}],"version-history":[{"count":2,"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/posts\/424\/revisions"}],"predecessor-version":[{"id":427,"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/posts\/424\/revisions\/427"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/media\/426"}],"wp:attachment":[{"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/media?parent=424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/categories?post=424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investorlink.in\/blog\/wp-json\/wp\/v2\/tags?post=424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}