ForumCategory: Dematerialization Of SharesIs dematerialisation of shares mandatory?



Is dematerialisation of shares mandatory?Shares Recovery India Staff asked 4 months ago

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Best Answer

Is dematerialisation of shares mandatory?Pravin Poloju Staff answered 4 months ago
Yes, dematerialisation of shares is mandatory. Before, April 2019 it was not very actionable for transfer of shares between one and another. After 2019, it was made under rules to make the shares dematerialised on the shareholder’s name and then transfer to another person in digital mode.