In Kerala, the stamp duty on transfer of shares of a private limited company through Form SH-4 (physical transfer) is:
- ₹0.25 for every ₹100 or part thereof of the value of shares transferred (i.e., 0.25%). This is prescribed under Article 62(a) of Schedule I of the Indian Stamp Act, 1899.
Legal Provision
Article 62(a), Schedule I, Indian Stamp Act, 1899
"Transfer (whether with or without consideration) of shares in an incorporated company or other body corporate" – Duty: 25 paise for every ₹100 or part thereof of the value of the shares.
