Is it compulsory for me to dematerialise my physical certificates?

As per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI has disallowed listed companies from accepting request for transfer of securities which are held in physical form, with effect from April 1, 2019. The shareholders who continue to hold shares and other types of securities of listed companies in physical form even after this date, will not be able to lodge the shares with company / its RTA for further transfer. They will need to convert them to demat form compulsorily if they wish to effect any transfer. Only the requests for transmission and transposition of securities in physical form, will be accepted by the listed companies / their RTAs.

Process to dematerialize:

1. Dematerialization Request Form duly filled and signed by all the demat account holders, in case of multiple holders

a. For NSDL: (Please Click Here to download the form.)

b. For CDSL: (Please Click Here to download the form.)

2. Original physical share certificates

3. Self attested PAN card and Aadhaar card copy (The Aadhaar number should be masked and should be with the QR Code)

Please note: The name/s on the physical share certificate should match with the name/s on the demat account. Once we receive the documents the same will be processed and forwarded to the concerned Registrar and Transfer Agent (RTA) of the company for further processing.