Processor of dematalisation of shares

This query is : Resolved

joginder (Querist)
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13 February 2010 hello friends,

I want to know how can i convert my physical share certificates in dematalised form.

Whether i have to give application to company
or
to stock exchange
or
to cenral depository.

for converting the same.

Rasesh

Rasesh (Expert)
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17 February 2010 You have to apply in the demat request slip issued by your depository participant (the agency with which you have your demat account). Attach the share certificates.

The DP will send these documents to the Registrar and Share Transfer agents of the Company. They will verify the certificates and if found alright, make a electronic request to NSDL/CDSL for crediting the shares to your demat account. NSDL/CDSL will do the same and send a confirmation back to the RTA and your DP.

The shares now get credited to your demat account.