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What should I do if I have physical share certificates of JSW Ltd. and Jindal Vijayanagar Steel Ltd.?

Submitted by LegalWizin on Tue, 12/03/2019 - 09:44

I assume that this question arises because of latest update on converting shares of listed company into Demat.

But as it is clarified, holding shares in physical form is allowed. The shareholder is required to convert the physical shares into demat only if the share transfer takes place.

For dematerialisation of shares, one is required to get in touch with a stock broker registered with your preferred Depositary - NSDL/CDSL.