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| Discuss How to convert share certificate to demat format at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Friends, I have some REL shares certificates in non demat format and Demat account ... |
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#1
22nd February 2007, 10:45 AM
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How to convert share certificate to demat format
Hi Friends,
I have some REL shares certificates in non demat format and Demat account as well. Is it possible to convert those share to demat format in order to deposite in my demat account? Thanks In advance Gaurav 
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#2
22nd February 2007, 11:51 AM
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Re: How to convert share certificate to demat format
You have open an account in a bank which offers Dematting facility. Your existing bank may be offering it. They will give you a Form for Dematting. Fill it up and hand over the shares (must keep a copy) and your job is done. Its that simple.
Regards
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#3
22nd February 2007, 12:45 PM
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Re: How to convert share certificate to demat format
Thanks for your reply.
I have one more questions Person A has demat account in Kotak securities Person A and B jointly holds the share Do you think that shares can me converted to demat format and transfered to person A account?? Thanks Gaurav
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#4
24th February 2007, 12:19 PM
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Re: How to convert share certificate to demat format
No.
You must have a separate account for Joint Holder. Meaning, if the share is held by AB, then the demat account must be opened in the name of AB. Otherwise get the share fully transfered in one name(A) and demat in A. Regards
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