Kindly let me know the procedure for demating of shares with NSDL for private limited company asap.
6 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 04 April 2022
Write mail to securities section of NSDL
Only listed company shares will be deposit in demat through NSDL or CDSL ..
Only listed company shares will be deposit in demat through NSDL or CDSL ..
Tanuj Chandra Saxenaa
(Company Secretary)
(7075 Points)
Replied 06 April 2022
Pl make a email with depositories Nsdl Or either cdsl for more detailed information
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 06 April 2022
Generally Pvt Ltd shares may not be dematted
Chirag
(Professional)
(1979 Points)
Replied 07 April 2022
You can very well demat private company shares also ,it's on the need and requirements of company ,depending on folio number , generally you have to enter into contract with RTA and then sign up through that RTA for ISIN generation by Master Creation form ,you can check the process at following link ( It's a PPT by Karvy)
https://kcasop.kfintech.com/downloads/ISIN%20creation%20%20Dematerialisation%20-%20Process.pptx
https://kcasop.kfintech.com/downloads/ISIN%20creation%20%20Dematerialisation%20-%20Process.pptx
Jayalakshmi Ramasamy
(36 Points)
Replied 08 April 2022
Thank you all for your replies. Kindly also let me know is it mandatory to dematerialise the private company shares? Kindly refer to the section wherein it is stated?
Chirag
(Professional)
(1979 Points)
Replied 08 April 2022
No ,It's not mandatory unless otherwise it's a deemed public Co !
Recent Topics
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
- ITC temporary reversal and reclaim
- Query on Transactions
- Two GSTN under different PAN in same address
Related Threads
CAclubindia
