Alteration of aoa for dematerialization of shares

Smruti (CS&CA) (79 Points)

09 September 2019  

Dear All,

 

My company is an Unlisted Public Company, we are in a  Process of converting  shares in a Demat mode.

My question is we have not adopted new AOA as per the Companies Act, 2013 and there is no clause in our AOA for dematerialisation of equity shares. Do we need to amend our AOA or adopt new AOA as per 2013 Act?

Regards,

Smruti