Investors can hold shares in physical form even after 5 December, clarifies SEBI
6 years, 5 months ago

Investors can hold shares in physical form even after 5 December, clarifies SEBI

Firstpost  

The stock market regulator, SEBI, in July, had said that transfer of shares of listed companies has to essentially be in dematerialised mode from 5 December. New Delhi: Markets regulator Sebi on Friday said its new guidelines do not bar investors from holding shares in the physical form even after 5 December. “The new amendment does not prohibit the investor from holding the shares in physical form, the investor has the option of holding shares in physical form even after 5 December, 2018,” the Securities and Exchange Board of India said in a statement. Besides, the regulator said that any investor who is desirous of transferring shares, which are held in physical form, after 5 December, can do so only after the shares are dematerialised.

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History of this topic

SEBI proposes mandatory issuance of new securities in demat form post stock split, mergers
19 hours, 57 minutes ago

SEBI proposes mandatory issuance of new securities in demat form post stock split, mergers

Live Mint  

To encourage demat holding of securities, Sebi on Tuesday proposed mandating listed companies to issue securities only in demat form following stock split, consolidation of face value of shares, and merger or demerger. Considering this, while Sebi is encouraging holding of securities in demat form by the investors, at present a few investors hold securities in physical form. Accordingly, to …

Sebi extends deadline to add nominees for demat account holders till December-end
1 year, 3 months ago

Sebi extends deadline to add nominees for demat account holders till December-end

India TV News  

Capital markets regulator Sebi on Tuesday extended the deadline by three months to December-end for existing demat account holders to provide choice of nomination or formally opt out of nomination through a declaration form. Earlier, the deadline for existing eligible trading and demat account holders to provide a choice of nomination was on or before September 30. Further, Sebi has …

Bank of India plans share sale to meet Sebi's minimum public holding norms
1 year, 6 months ago

Bank of India plans share sale to meet Sebi's minimum public holding norms

India TV News  

State-owned Bank of India is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25 per cent. "We are exploring options to meet Sebi's minimum public holding requirement. With regard to the bank's growth, he said, credit growth is expected to be 11-12 per cent during current financial …

Sebi Extends Nomination Deadline for Existing Trading, Demat Account Holders Till Sep 30
1 year, 9 months ago

Sebi Extends Nomination Deadline for Existing Trading, Demat Account Holders Till Sep 30

News 18  

Capital markets regulator Sebi on Tuesday extended the deadline till September-end for existing trading and demat account holders to provide choice of nomination or opt out of nomination. In July 2021, the Securities and Exchange Board of India asked all existing eligible trading and demat account holders to provide choice of nomination on or before March 31, 2022, failing which …

From today, convert shares to demat before transferring
5 years, 9 months ago

From today, convert shares to demat before transferring

Hindustan Times  

If your grandmother or your mother has physical shares, she needs to know that if she wants to transfer her shares to anyone it will first have to be converted into a demat form starting today. According to a circular from the Securities and Exchange Board of India, apart from transmission or transposition of securities, requests for effecting transfer of …

From 1 April, shares can be transferred in demat form only: Sebi
5 years, 9 months ago

From 1 April, shares can be transferred in demat form only: Sebi

Live Mint  

Sebi on Wednesday said transfer of shares of listed companies can be done only in the dematerialised form from 1 April but investors are not barred from holding shares in the physical form. In December 2018, the watchdog extended the deadline for transfer of shares of listed companies only in dematerialised form to 1 April. Shares in the demat form …

Convert shares to demat form
5 years, 11 months ago

Convert shares to demat form

Live Mint  

Deadline gets closer Do your parents or grandparents have physical shares safely kept in the locker? They should know that the physical shares have to be converted into demat form before April 1. According to a Securities and Exchange Board of India circular, if the physical shares are not converted into demat form, then the physical shares cannot be transferred. …

Transfer of physical shares not possible from 5 December, only demat form allowed; all you need to know
6 years, 1 month ago

Transfer of physical shares not possible from 5 December, only demat form allowed; all you need to know

Firstpost  

Post-Tuesday, you won’t be able to transfer shares of listed companies if they are held in physical form. Transfer of shares by listed companies has to be done only in the demat or electronic form from 5 December, said market regulator Securities and Exchange Board of India. The government had also asked unlisted public companies to compulsorily issue new shares …

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