Processor of dematalisation of shares
This query is : Resolved
13 February 2010
hello friends,
I want to know how can i convert my physical share certificates in dematalised form.
Whether i have to give application to company
or
to stock exchange
or
to cenral depository.
for converting the same.
I want to know how can i convert my physical share certificates in dematalised form.
Whether i have to give application to company
or
to stock exchange
or
to cenral depository.
for converting the same.
17 February 2010
You have to apply in the demat request slip issued by your depository participant (the agency with which you have your demat account). Attach the share certificates.
The DP will send these documents to the Registrar and Share Transfer agents of the Company. They will verify the certificates and if found alright, make a electronic request to NSDL/CDSL for crediting the shares to your demat account. NSDL/CDSL will do the same and send a confirmation back to the RTA and your DP.
The shares now get credited to your demat account.
The DP will send these documents to the Registrar and Share Transfer agents of the Company. They will verify the certificates and if found alright, make a electronic request to NSDL/CDSL for crediting the shares to your demat account. NSDL/CDSL will do the same and send a confirmation back to the RTA and your DP.
The shares now get credited to your demat account.
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