Dematerialization of Securities

What is Dematerialization of Shares?

Dematerialization: The conversion of physical securities into an electronic form maintained by governmentauthorized agencies, i.e. depositories, is called Dematerialization of securities or shares.

Due Date: September 30th, 2024

Benefits of Dematerialization of Shares

Dematerialization of shares has several advantages; the primary advantage is it increases convenience and security for the investors. It also minimized the risk of physical loss or damage of the share certificate. moreover, Dematerialization of shares or security make the whole process of transferring the ownership easy and transparent. It also increases efficiency. 

What We Offer:

• Assistance in availing of a Permanent Account Number (PAN) for each shareholder from the Income Tax department.
• Identify Registrar and Share Transfer Agents (RTA) and obtain the International Securities Identification Numbering system (ISIN) for each type of securties.
• Assistance in identifying depository participants for opening Demat accounts for each shareholder and related coordination.
• Dematerialization of Securities.
• Tracking and monitoring recurring compliances associated with shares such as semi-annual reporting with the authorities, maintenance of registrar of members and transfers, and obtaining BENPOS reports, as and when required.