Dematerialisation Of Shares in Chennai
Dematerialisation, or "Demat," is the process of converting physical share certificates into electronic form. In today's digital age, holding shares in dematerialized form is highly recommended, and for unlisted public companies, it is now mandatory. Dematerialisation eliminates the risks associated with physical certificates (theft, loss, damage) and facilitates faster, safer, and more convenient trading and transfer of securities.
Dematerialisation (often shortened to "Demat") is the process of converting physical share certificates and other securities into an electronic or digital format. These electronic holdings are then stored in a "Demat account" with a Depository Participant (DP).
In India, the Securities and Exchange Board of India (SEBI) and the Ministry of Corporate Affairs (MCA) have progressively mandated dematerialisation to enhance transparency, security, and efficiency in the capital markets.
Laams Tax Consultancy offers comprehensive services for the Dematerialisation of Shares, guiding companies and shareholders through the entire process. We ensure a seamless conversion from physical to electronic format, enhancing liquidity and security of your investments.