How to transfer or convert your Physical Shares into Demat Format ?
How to transfer or convert your Physical Shares into Demat Format ? Securities and Exchange Board of India (SEBI) already published a notification that there is a restriction on transfer of Physical Shares (Materialized Format) after December 5, 2018 ( Extended - Before April 1, 2019 ). In view of the Investor Protection, one cannot transfer of his physical shares after this December 5 . SEBI always keen to watch the market whether any unusual transactions are going on behalf of the Investor awareness and Protection. So, any investor holding their shares in a physical format is a difficulty one after the mentioned date. Better to serve and do the part (Converting) earlier is a good choice for the investors, but for the traders it's not an issue due to their trade setup. Nowadays, Trade Terminal of the Stock brokers were also enhanced with the technology so that clients or the investors of the broker can ease to transact in the market. After this notification of Physical shares to