What is the procedure for rematerialisation of shares?

Rematerialisation is the process whereby securities held electronically in a demat account are converted back into physical paper certificates. This process is typically initiated when a demat account holder wishes to revert to holding physical certificates for their securities.

Following is the step-by-step procedure for rematerialisation of shares with 5paisa

1. Submission of Rematerialisation Request Form (RRF):

- The first step in rematerialisation is for the demat account holder to submit a duly signed Rematerialisation Request Form (RRF) to 5paisa, their Depository Participant (DP).

- If the demat account holder has appointed a Power of Attorney (POA) holder, the RRF can also be signed by the POA holder. However, it's essential that any POA is registered with the Issuer/Registrar and Transfer Agent (RTA).

2. Verification by DP:

- Upon receiving the RRF, 5paisa will verify the form for completeness and accuracy.

- Once verified, 5paisa will generate the rematerialisation request in their system.

3. Transmission to Issuer/RTA:

- After generating the demat request, 5paisa will forward it to the respective Issuer or RTA for further processing.

- The Issuer/RTA is responsible for confirming the rematerialisation request and initiating the necessary actions to convert the electronic securities into physical form.

4. Debiting Demat Account:

- Upon confirmation by the Issuer/RTA, the balance of securities to be rematerialised will be debited from the demat account of the account holder.

5. Issuance of Physical Certificates:

- Subsequently, the Issuer/RTA will issue the securities in physical form directly to the demat account holder.

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What is the procedure for rematerialisation of shares?

What is the procedure for rematerialisation of shares?

Related Articles

If the physical certificate issued on rematerialisation has some mistake in the name or any other details, whom should the investor contact?

In case of a request for rematerialisation, does one get back the same certificate(s) that was dematerialised?

When will the buyer receive the shares?

What will happen after T+1 on receipt of delivery of shares?

Do I get dividends on fractional shares?