Begin typing your search above and press return to search.
Tirupati Balaji gets a Demat Account
By: Tupaki Desk | 5 Aug 2015 10:10 AM IST
Lord Venkateswara Swamy in Tirumala is already known to be one of the richest temples in the World. Still, TTD Board isn't content and it now introduces a first of its kind donation facility to fill the coffers at an more faster pace.
TTD has opened a Demat account for Lord Balaji to accept donations in the forms of shares and securities. The account 1601010000384828 was opened with the Stock Holding Corporation of India (SHCIL). On Monday. Central Depositories Service Ltd (CDSL) Officials met TTD EO D Sambasiva Rao to complete the formalities of opening the account.
TTD Officials reveal that the temple has been receiving physical shares worth several lakhs since many years apart from cash and gold in the hundi. However, Most of the devotees didn't attach transfer forms to the physical shares to allow transfer to TTD. As the Demat account is now being opened, Devotees can transfer their shares online to Lord Venkateswara through off-market transaction from across the World.
TTD has opened a Demat account for Lord Balaji to accept donations in the forms of shares and securities. The account 1601010000384828 was opened with the Stock Holding Corporation of India (SHCIL). On Monday. Central Depositories Service Ltd (CDSL) Officials met TTD EO D Sambasiva Rao to complete the formalities of opening the account.
TTD Officials reveal that the temple has been receiving physical shares worth several lakhs since many years apart from cash and gold in the hundi. However, Most of the devotees didn't attach transfer forms to the physical shares to allow transfer to TTD. As the Demat account is now being opened, Devotees can transfer their shares online to Lord Venkateswara through off-market transaction from across the World.