Demat Process
A request form together with the share certificates desired to be dematerialized
is given to the DP. He sends the request along with
the share certificates to the company/ registrars through NSDL for
confirmation of its genuineness. After checking the records, the
registrar will destroy the certificates and sends confirmation of dematerialization
to NSDL. NSDL then confirms the dematerialization of shares to your DP to credit the holding of
shares in your account electronically. This takes about 15 days
from the date of request. Electronic holdings can be converted
back into certificates, if so desired, in a similar fashion as
that for dematerialization.
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