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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Explain the following term/concept. Dematerialisation

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प्रश्न

Explain the following term/concept.

Dematerialisation

स्पष्ट करा
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उत्तर

The process of conversion of physical certificates into electronic mode is called dematerialisation. The client has to surrender the physical shares certificates along with the Demat Request Form (DRF) to the DP. The DP forwards these to the depository who in turn forwards it to the issuer. After confirmation from issuer, the depository will credit the securities in the Demat A/c with DP.

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Depository System
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पाठ 9: Depository System - Explain the following terms/concepts
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