Dematerialisation of Shares in India: A Step-by-Step Guide for Businesses
The term “share dematerialization” (commonly called “demat”) describes the conversion of paper-based share certificates into digital securities. These digital shares are stored in a demat account, managed by SEBI-authorized depositories like NSDL (National Securities Depository Limited) or CDSL (Central Depository Services Limited). Prior to dematerialisation, shareholders possessed physical paper certificates that were vulnerable to loss, […]