Demat

Dematerialisation is the process of conversion of shares from physical form to the electronic mode. Our dedicated demat team enable you to convert your physical holdings/ Debentures/ Bonds/ G-secs into electronic mode in a quick and hassle-free manner.

Transposition-cum-dematerialisation

The clients can get the securities dematerialised in the same account if the names appearing on the certificates match with the names in the demat account but are in different order. This can be done by submitting the certificates along with the Transposition Form and the Dematerialisation Request Form ( DRF).

Transmission and dematerialisation

In case of death of one or more of the joint holders, the surviving holder(s) can get the name(s) of the deceased deleted from the security certificate and get the same dematerialised. Notarised copy of Death Certificate, Transmission Form as per Annexure OB and the Dematerialisation Request Form (DRF) have to be submitted by the surviving joint holder(s) along with the security certificates.

As per SEBI, scrips can be divided as :

Scrips eligible for demat.

These scrips can be traded either in physical or electronic form

Scrips falling under compulsory demat.

These scrips can be traded only in electronic form.
Submit Demat Request Form

Once your demat account is opened with us and you have received your client identity number, you can start dematerialising your shares. You can submit the shares over the counter at any of our branches.Do go through the tips given on filling up the DRF to avoid rejection.

Your shares are dematerialised
When the company gives you credit, these shares will reflect under "free" column. Now you can sell these shares. In case the company is not satisfied with the details furnished, it will reject the shares.
If your shares have been rejected by the company, SHCIL will forward the shares to you on receiving them from the company.
 
Stock Holding Corporation of India Limited
Registered office - Mittal Court, 'B' Wing, 2nd Floor, 224 Nariman Point, MUMBAI 400 021

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