30 December 2023

File FIR If You Lose Physical Shares

OLM Desk
Vipin Gupta, Rajkot I am 56 years old. A few years back, I found some old share certificates in my house, which my late father had bought. To get them dematerialised, I contacted a known person and gave him money to dematerialise the shares. He took the details of the share certificates and copies of my documents, but did nothing. Who do I need to approach if I want to do it myself? To dematerialise your shares, you should follow this process: 1. Contact your depository participant (DP) where your demat account is held to get a dematerialisation request form (DRF). If you do not have a demat account, open an acount. 2. Fill up the DRF with all the details, put your signature, and submit it along with the required documents and physical share certificates to your DP. The broker will stamp each physical share certificate with ‘Surrendered for Dematerialisation’. This step is...
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