Essential reasons to convert physical shares to demat
convert physical shares to demat, iepf refund In case you have unused physical share certificates in your residence then this article is for you. According to the order of the market regulator SEBI (Securities and Exchange Board of India), it is only possible for the shares in the electronic format to be transferred or sold at the stock markets. However, it is imperative to convert physical shares to demat for trading them. The procedure of converting the physical shares into electronic form is known as dematerialization. Here, you must bear in mind that only the active shares of a company can be converted. Benefits of dematerialized shares Below, we have mentioned some advantages offered by dematerialized shares for the investors. • Accessibility – Every single share record will be held online and electronically. In this way, you will be able to access dematerialized shares anytime anywhere through the Internet. • Safety – There is no need for