Rule 9A. Issue of Securities in Dematerialised form

We are an unlisted public company. One of our shareholder say "Company A" holding physical share certificates had changed its name from Public limited company to private limited Company and requested us to endorse the name change in physical share certificates. Is it possible to change the name in physical share certificates after as per RULE 9A ?

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Quick Summary
This discussion addresses whether an unlisted public company can endorse a name change on physical share certificates for a shareholder, according to Rule 9A. The consensus is that a name change itself does not necessitate dematerialisation under Rule 9A, as the rule primarily applies to transfers, transmissions, or new issues. However, it is suggested that dematerialising the shares would be advisable if the company has already arranged for share dematerialisation with a depository.

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It's allowed and there is no need to demat it , because rule 9a talks about transfer/transmission or new issue ....change of name is not a trigger point to demat it ,but still it will better ,if shareholder demat it's securities ,if company already enter into an agreement with depository for dematarlisation of share ...

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