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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

What is meant by Dematerialization? - Commerce

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Question

What is meant by Dematerialization?

Short Note

Solution

Dematerialization is the process by which physical share certificates of an investor are taken back by the company/registrar and destroyed. Then an equivalent number of securities in the electronic form are credited to the investor’s account with his Depository Participant.

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Dematerialization (DEMAT)
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Chapter 8: Securities Exchange Board of India (SEBI) - Exercise [Page 67]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 8 Securities Exchange Board of India (SEBI)
Exercise | Q III. 1. | Page 67
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