Share Samadhan

The Securities and Exchange Board of India has implemented certain regulations which will allow you to only trade shares plus invest in them that are in dematerialized format. The authorities took this particular step for simplifying the procedure of purchasing, marketing, and also transferring a company’s shares. It is important to convert the physical share certificates into an electronic format in case you are holding these certificates and this should be done before selling or transferring the shares. Dematerialization happens to be a process of physical share transfer to demat account . For this, you need to open your Demat account first with a depository participant before you can raise a request for converting your physical shares. Why Dematerialization? It was possible to hold shares as share certificates before 1997. However, this approach was not productive in the long run. There was a possibility for these to be destroyed or misplaced as well. It was imperative for a