Dematerialization of Shares
The Securities and Exchange Board of India vide amendment to Regulation 40 of SEBI (Listing Obligations and Disclosure requirements) Regulation, 2015 dated 8th June, 2018, mandated transfer of securities in dematerialize form only w.e.f. December 5, 2018. i.e. no transfer of securities shall be allowed in physical form after 5th December, 2018.
Hence, the shareholders are requested to demate their shares with their Depository Participant before 5th December, 2018 or otherwise they may lose their right to transfer shares after said date.