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Shares in physical form

Others 706 views 3 replies

CA. Rashi Goyal

Chartered Accountant

512 Points Posted on 15 March 2011

We hadpurchased shares of listed company in the year 2000, till date these shares are held in physical form.

Is it compulsory to convert these into demat form or we can continue to hold them in physical form?

Regards,

Rashi Goyal

Replies (3)

Lalit Kumar

Vice President

2213 Points Posted on 15 March 2011

U can continue to hold.. but if u want to sell it u have to compulsorily convert it into dematerialized form.. for tat go to ur broker, ask him conversion form.. he will give u a form. fill in the details attach the shares in physical form and give it back to broker.. in a week s time those shares will be converted. then only u can sell those..

CA Sukriti Jain

Senior EY

1184 Points Posted on 15 March 2011

thanks lkr

Ramalingam K

Founder & Director - Holistic Investment

21077 Points Posted on 09 May 2014

A Study on Physical Gold and Gold ETF

Gold as an Investment:

Stock Market has lead to tendency of many to go in for much safer investments that gives a reasonable return. This is the reason for gold gaining popularity as one of the safest avenues for investment irrespective of the gold price moving up day by day.

https://www.holisticinvestment.in/gold-etf

With Regards,

Ramalingam,

Director,Chief Financial Planner.

HOLISTIC INVESTMENT PLANNERS PRIVATE LTD

“Best Performing Financial Advisor Award” Winners from CNBC TV18

Website: www.holisticinvestment.in