How securities can be transferred from one account to another?

Off-market transactions, i.e. transfers of securities from one account into another account, are possible. Without routing through brokers or stock exchanges, you can transfer securities from one account to another by providing the client identification number and depository participant identity number. You must submit the completed slip to the DP responsible for your demat account. After the Client has received the executed document, the NSDL will affect the transfer. There are charges and the transferor must disclose the market value for the shares to be transferred on a separate form that is to be attached with the off-market slip.