What are the SEBI restrictions on dematerialising physical shares?
As per the SEBI circular (WEB), the deadline for transferring securities that are not dematerialised, except in transmissions or transposing securities, was April 1, 2019. There are no restrictions on converting physically held securities to electronic form.
To learn more about transmission and transposition, see What does Transmission of shares mean? And What is the procedure for the transposition and dematerialisation of jointly held shares? To learn how to convert physically held shares to demat form, see How to convert physical share certificates into demat form?
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