Dematerialisation Of Shares

Explained: What is Basic Demat Account charges, Sebi rule, investment limit

All you need to know about different kinds of demat accounts; eligibility criteria, investment limit, charges and Sebi regulations.

Demat addition, trading turnover point to robust investor sentiment

Activity underpinned by buoyancy in underlying secondary as well as the primary markets

New demat additions jump 29% in 2023 amid rally in markets, shows data

Brokers are cautiously optimistic about the outlook. At the same time, some feel the earnings momentum will sustain the gains made in 2023

Sebi extends deadline for AIFs dematerialisation till January 31

Sebi has specified the process to be followed in cases where the investors have yet to provide the demat account details to AIFs

Govt asks private companies to dematerialise securities by Sept 2024

The government has asked private companies to dematerialise their securities by September 2024, a move that will help enhance transparency and will have a broad impact. The requirement will be applicable to private companies, excluding small companies and government companies. There are about 1.4 million private companies registered under the companies law with the Ministry of Corporate Affairs (MCA). Private companies can issue securities only in dematerialised form and should facilitate the dematerialisation of all securities by September 2024, according to an MCA notification. Dematerialisation refers to the conversion of securities held in physical form to dematerialised or digitised form. In this regard, amendments have been made to the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023. "A private company, which as on the last day of a financial year, ending on or after 31st March 2023, is not a small company as per audited financial statements

Demat additions lukewarm despite market's extended run in November

About 1.8 million new accounts added, 20% below monthly average for calendar 2022

Dematerialisation of shares for private firms to increase compliance burden

Gaurav Pingle, a Pune-based company secretary, explains the implications of the Companies (Amendment) Act, 2019, which contemplates dematerialisation of shares of private companies:

Starting April 1, physical shares to take place in dematerialised form

Dematerialisation allows shares to be held electronically, this is the preferred mode of holding shares today

Unlisted firms may have to hold shares in demat form as govt mulls new rule

It would be a gargantuan task since there are more than 1.6 mn registered firms in the country