Wednesday, December 17, 2025 | 08:22 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

What does ban on transfer of physical shares mean for investors?

The guidelines will be effective from December 05th 2018 post which all requests for transfer of shares will have to be in Demat format only.

Bonds, Stock markets, Shares, Trading
premium

Bonds, Stock markets, Shares, Trading

Sameet Chavan Mumbai
On July 08th 2018, SEBI issued regulations pertaining to Mandatory Dematerialization for transfer of securities. Please note that these regulations only pertain to transfer of securities. The guidelines will be effective from December 05th 2018 post which all requests for transfer of shares will have to be in Demat format only. Currently, you are permitted to send physical certificates for transfer to the registrar and get new certificates issued in your name.

The dematerialization can be done after the transfer of physical certificates into your name. That will only be permitted till December 04th 2018, wherein an investor can