FAQs General
What is the date of release of financial results?
The tentative calendar for the financial results for the fiscal year 2019-20 and 2020-21 is as follows:
Can shares held jointly in physical form be dematerialised, if the sequence of names mentioned in certificate differs from sequence of names as per beneficiary account?
Depositories provide “Transposition cum Demat facility” to help joint holders to dematerialise securities in different sequence of names. For this purpose, DRF and Transposition Form should be submitted to the DP.
Once my shares are dematted, can I ever get them converted into physical shares?
If you hold shares in the electronic form, you have the option of converting your holding to the physical form by submitting a Rematerialisation Request Form (RRF) through your DP.
The procedure is as follows:
Shareholders should submit the duly filled in Rematerialisation Request Form (RRF) to the concerned DP.
DP intimates the relevant Depository of such requests.
How do I demat my shares?
First, please open an account with a Depository Participant (DP) and obtain a unique Client ID number. Thereafter, kindly fill up a Dematerialisation Request Form (DRF) provided by the DP and surrender the physical shares intended to be dematted to the DP.
Upon receipt of the shares and the DRF, the DP will send electronic requests through the Depository to the Company/Registrar for confirmation of demat. Each request will bear a unique transaction number.
How does the Depository System operate?
A Depository Participant is the agent of the Depository and is the medium through which shares are held in the electronic form. They are also the representatives of the Investor, providing the link between the Investor and the Company/ Registrar through the Depository. A Depository Participant is the agent of the Depository and is the medium through which shares are held in the electronic form. They are also the representatives of the Investor, providing the link between the Investor and the Company/ Registrar through the Depository.
A Depository Participant is the agent of the Depository and is the medium through which shares are held in the electronic form. They are also the representatives of the Investor, providing the link between the Investor and the Company/ Registrar through the Depository.
What are the documents required for transposition-cum-deletion request?
Attested / Notarised copy of death certificate of the deceased shareholder.
Request letter duly signed by the surviving share holders.
Self attested copies of PAN card and address proofs of the surviving share holders
Original Share certificates
Why can't the Company take request for change of details recorded in the demat account?
As per the Depository Regulations, the Company/ RTA is obliged to take on record the details of shareholders (having shares in dematerialised form) furnished by the concerned Depository Participant. The Company/ RTA cannot make any change in such records received from the Depository.
Can I pledge my shares in demat form to avail any funding/loan arrangement with my bankers?
Yes
I have purchased some shares in paper form. Can I directly give the share certificates to my Depository Participant for dematting them in my favour?
Shares should be registered in your favour before they can be dematted
