India: Mandatory dematerialisation of securities

published on 11 July 2024

The Ministry of Corporate Affairs has introduced a new compliance: mandatory dematerialisation of securities – or more commonly known as shares – of private companies.

Dematerialisation of shares is the process wherein physical shares are converted into electronic form. Until now, every Private Company issuing securities such equity shares or preference shares, were able to issue such shares in the physical form of share certificates. With the introduction of this new compliance on dematerialisation, companies are required to dematerialize their existing shares and further issue shares in dematerialised form only. Watch our video on this topic, which explains the requirements, timelines and processes to adhere to this new compliance.

For further details, reach out to our colleagues:

Rushak Tadkalkar, Ritesh Toshniwal & Anisha Raheja via mail.

Watch the whole video on YouTube »