DEMATERIALIZATION OF SHARES
DEMATERIALIZATION OF SHARES
Dematerialization refers to the process of converting physical share certificates of a company to an electronic form. These dematerialized shares are held by the company in an online demat account that is opened with a depository. It is mandatory for selling or transferring shares to another account.
Required documents
How we process
Eligibility Criteria for Dematerialization of Shares in India
- Certificate of incorporation
- Director IDs
- Physical copies of the shares
- Memorandum of Association
- Select a depository participant.
- Fill an account opening form.
- Submit documents for verification.
- Sign a standardized agreement with the DP.
- Verification of documents.
- Demat account number and ID are generated.
- It is not appropriate to contest the share allocation.
- Application must be submitted by the deadline.
