Dematerialisation is a process where a company takes back an investor's physical share certificates and credits an equivalent number of securities in electronic form to the investor's account with a Depository Participant, similar to opening a bank account.
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Dematerialisation?
Dematerialisation is a process where a company takes back an investor's physical share certificates and credits an equivalent number of securities in electronic form to the investor's account with a Depository Participant, similar to opening a bank account.
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DEMATERIALISATION?
• Dematerialisation is a process by which the physical
share certificates of an investor are taken back by the Company and an equivalent number of securities are credited in electronic form at the request of the investor.
• An investor will have to first open an account with a
Depository Participant so that the dematerialised holdings can be credited into that account.