Identify the unlisted company and confirm it is eligible for private share transfer
Verify the company’s cap table, financials, and legal status
Check whether the shares are held in demat form or physical form
Find a seller willing to transfer the shares
Negotiate the price, quantity, and transfer terms
Obtain the company’s Articles of Association and transfer restrictions
Review any shareholder agreements, lock-in clauses, or right of first refusal provisions
Use a registered stockbroker, intermediary, or trusted transfer platform if required
Execute the share transfer agreement or share purchase agreement
Complete KYC and required documentation for buyer and seller
Arrange payment through a secure and traceable banking channel
Submit the share transfer forms and supporting documents to the company
Get the company’s approval and update of the share register
Receive the share certificate or demat credit confirmation
Keep records of all agreements, receipts, and transfer documents
Consult a legal and tax advisor before completing the transaction