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Transferring shares from physical to demat

Secondary Mkt 560 views 3 replies

How much time it takes to transfer physical equity shares from two  joint holders to single holder ( removing name of the joint holder) ?? and from physical shares  to demat ?? If the physical shares are not converted to demat before 1-April-2019 deadline , what will happen to those physical shares ? Will it become void ? or it can still be converted to demat even after the deadline ? Please suggest.

 

Thanks & Regards

Replies (3)
67110359

Generally it takes 20 to 30 days to convert physical shares into demat form. Physical shares will be valid after 01.04.2019 only they cannot be transferred or sold to someone except transmission or transposition. You can convert those physical shares into demat anytime after 01.04.2019.

20 to 30 


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