Dematerialization Mandatory for Unlisted Companies as per MCA Rule 9A & 9B | Complete Compliance Guide The Ministry of Corporate Affairs (MCA) has made it mandatory for specific categories of unlisted companies to obtain ISIN and convert their shares into dematerialised form. This requirement has been introduced through Rule 9A and Rule 9B. If your…
What is Dematerialization? Dematerialization is the process of converting physical share certificates into electronic form, held in a Demat Account with a SEBI-registered Depository Participant (DP). Benefits of Dematerialization: Eliminates risk of loss, theft, or damage to physical certificates Enables faster transfer and settlement of securities Ensures direct credit of dividends, bonuses, and rights…