Dematerialisation is the process of converting physical shares into electronic format. An investor who wants to dematerialise his shares needs to open a demat account with Depository Participant and request for dematerialisation of certificate by filling up a Dematerialisation Request Form. Investor needs to submit their physical certificates to the DP by marking the certificates as “surrender for dematerialisation” and in turn get electronic shares in his demat account.
Requirements for Shares held in Physical Form
Information to be provided to RTA, if holding shares in Physical Form:
The Securities and Exchange Board of India (‘SEBI’) vide its circular SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated November 3, 2021 has made it mandatory to for the shareholders holding securities in physical form to furnish PAN, KYC details and Nomination to the Registrar and Transfer Agent (‘RTA’) of the Company. In case of failure to provide required documents and details as per the aforesaid SEBI circular, all folios of such shareholders shall be frozen on or after 01st April, 2023 by the RTA.
In view of the above, shareholders of the Company holding securities in physical form shall provide all of the following documents/details to the RTA:
Shareholders are requested to take note that they can access the required forms through the following link: