Demat of physical share certificates, also known as dematerialization, is the process by which a share in physical form is converted into electronic form. According to the market regulator, the Securities and Exchange Board of India (SEBI), trading of shares through the recognized stock exchanges can be done in electronic form only.
The process of dematerialization is meant for those who have physical certificates of shares they own in a company. Physical shares are a rarity nowadays, and are usually found with senior citizens who had bought their first share a long time ago.
Physical shares are prone to
- Theft
- Damage
- Loss
- Wear and Tear
Converting them to a digital form gets rid of all these concerns. However, the procedure for getting the physical share converted is a long and tedious affair. There are various clearances and procedures required for the conversion to be completed.
At Asset Tracers India, we provide assistance to dematerialize physical shares effortlessly.
What are you waiting for? Get your physical shares converted to digital now