Under the new regulations set by the Securities and Exchange Board of India (SEBI), investors must convert their physical shares and securities into Demat form to continue buying, selling, or investing. These reforms aim to facilitate smoother and more efficient trading, allowing authorities to maintain accurate records of all share transfers.

However, not everyone has a Demat account; some investors still hold physical shares. Since it’s now mandatory for all investors to have shares in Demat form to continue trading, this raises an important question: “How can investors convert their physical shares into Demat form?”

Steps to Convert Your Physical Shares to Demat Form

The first step is to open a Demat account with a SEBI-registered depository through a Depository Participant (DP).

Once the Demat account is opened, the investor needs to submit a Dematerialization Request Form (DRF) along with their physical share certificates to the DP.

The DP will verify the completeness and authenticity of the submitted documents and will issue a Dematerialisation Request Number (DRN) as an acknowledgment. After verification, the DP will forward the dematerialisation request to the relevant company.

Once the request is approved, the physical shares will be converted to Demat form, and the physical certificates will be destroyed to prevent misuse. The monetary value of the dematerialized shares will then be credited to the Demat account, allowing the investor to buy and sell shares easily through online trading.

Get Your Shares Dematerialized with the Assistance of DS Consultants

The team of experts at DS Consultants will help you dematerialize your physical shares. Even if your shares have been transferred to IEPF, our team of experts will help you reclaim your shares from IEPF. We can help you in resolving all issues related to physical shares like:

• Transfer of shares
• Transmission of shares
• Change in the name of the company
• Name mismatch
• Address Change
• Bonus shares & splits
• Name Deletion
• Issue of duplicate share certificates
• Issue of fresh shares due to mergers & demergers