How do I convert physical shares into electronic holding?

If you want to convert your physical share certificates into an electronic form, you'll need to use a Dematerialization Request Form (DRF). Here’s a step-by-step guide:

1. Active Demat Account: Ensure you have an active demat account, and it must be in the same name(s) as on the physical share certificate.

2. Filling the DRF:

  • Use the sample DRF provided as a reference.
  • Complete the required fields, including Folio Number, Certificate Number, and Distinctive Number from the physical share certificate.
  • Ensure all holders of the physical certificates sign the DRF. The signatures must match the records with the Registrar of the Company.

3. Points to Note:

  • One DRF per Company: Use a separate DRF for each company whose shares you want to dematerialize.
  • Certificate Limit: You can submit up to 5 certificates per DRF. If you have more than 5 certificates, use additional forms.
  • Signatures: All holders listed on the share certificate must sign the DRF.
  • Submission: Submit the original DRF along with the original physical certificates to your depository participant (DP).

Important: The demat account used for dematerialization must be held by all the holders listed on the physical share certificate.

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