#Dematerialized

[recoveringunclaimedasstes]

Can I convert physical shares to demat in 2023?

No, you cannot convert physical shares to demat in 2023. The deadline for converting physical shares to demat was March 31, 2023. After that date, companies and their RTAs (Registrars and Transfer Agents) will no longer be able to process requests for dematerialization of physical shares.

This was a mandatory requirement by the Securities and Exchange Board of India (SEBI) to promote a paperless environment in the Indian stock market. The deadline for the dematerialization of physical shares was extended several times in the past, but it was finally made mandatory on March 31, 2023.

If you still have physical shares, you will need to hold onto them as a physical asset. You will not be able to trade them on the stock exchange, and you will not receive any dividends or other benefits associated with the shares.

If you have any questions, please contact your broker or the RTA for the company whose shares you hold.

Here are some of the reasons why the deadline for the dematerialization of physical shares was made mandatory:

To reduce the risk of fraud and forgery.

To make it easier for investors to trade their shares.

To promote a paperless environment.

[mrfroag]

they weren't kidding man, that piece sure can one

[claraoswalds]

#mrs flood who are you: time lord edition

[ianthedebonair]

proof of life chen drawing

[turtleblogatlast]

Imagine if when Leo first starts teleporting, the feeling of rematerializing feels like your limbs going to sleep.

He doesn’t notice the consequences at first because to start he’s always zipping around in the air and adrenaline makes him miss the discomfort, but once things are a lot less hectic and he tries to do a casual teleport he immediately falls on his face, his legs completely asleep.

He jokes that he’s gotta wait for the rest of him to catch up (and he doesn’t know it, but he’s right. Without the adrenaline of a big fight some molecules lag a little, he’s literally not completely present.)

[insanelyadd]

penumbra would be a great mother though, can she adopt me?

She would be, but she's Got Trauma about being a motherly figure.

[bad-holmes-impression]

personally cannot see any character jeremy jordan plays as anything other than ace. which is really awkward considering that character is always in a ridiculously popular ship with a lot of smut fanfiction.

[artchixs]

look I’m making all of my ocs x men

[ethereal-antlers]

I just remembered that I was not around whenever we beat OFF (the RPGmaker game by Mortis Ghost). I enjoy the Judge, from what I remember. I should play it whenever it comes out on Steam later this year. (It still stuns me that it’s getting a rerelease this long after the original game.)

[recoveringdirectioner]

i hope to you guys i am not a person but a directioner

[miiiwu]

just took shrooms for the first time hope I don’t have a bad reaction

[recoveringunclaimedasstes]

What will happen to Physical Shares Certificate after 31st March 2023?

The shares will become worthless. This means that you will not be able to sell them, transfer them, or claim any dividends or other benefits.

The shares may be frozen by the company. This means that the company will not allow you to sell or transfer the shares, and you may not be able to claim any dividends or other benefits.

You may be treated as a Benami holder under the Benami Transactions (Prohibitions) Act, 1988. This means that you may be subject to penalties and fines.

In addition to these consequences, there are a few other things that you should be aware of if you have physical shares certficate:

You will not be able to vote at shareholder meetings. This means that you will not have a say in how the company is run.

You will not be able to benefit from corporate actions such as bonus shares or rights issues. This means that you will miss out on opportunities to increase your shareholding or acquire new shares at a discounted price.

If you have physical shares, it is important to convert them to demat form as soon as possible. This will ensure that you do not lose your investment and that you are able to participate fully in the market.

Here are some of the benefits of converting your physical shares to demat form:

Demat shares are more secure. They are held in electronic form in a depository, which is a regulated entity. This makes them less vulnerable to theft or loss.

Demat shares are more convenient to trade. They can be bought and sold online, which makes it easier for investors to participate in the market.

Demat shares are more efficient. They do not require the physical movement of certificates, which saves time and money.

If you are not sure how to convert your physical shares to demat form, you can contact your broker or a depository participant. They will be able to help you through the process.

[technikki]

go on, praise me like a god!

[abs0luteanarchy]

my son :)

extras under cut

don’t mind funky anatomy bits, just tryna figure out some things………

[omenkhan]

my assistant has been out of office for the last 2 weeks due to the holidays, just a reminder that you have an appointment tomorrow at 2 p.m. don’t be late. - @miserydemon

also i need you to look at my walkman again please. i think it broke again 😔

tomorrow?? fuck me. i did forget 😵‍💫 and i can’t even ask to reschedule without feeling bad for your poor battered walkman. sighs.

okayyy i’ll see you then. brace yourself though because it’s been a Weird Ass Month

[sidereous]

The age old practice of "character pulls out a gun = funny" is more fun of a challenge when the setting already has firearms. You gotta get creative with it.

Anyways, completely unrelated, but here's my boy Silver with a glock