Dematerialisation of securities required for public offers, with conversion permitted for other companies upon statutory compliance. Mandatory rule: companies making public offers and prescribed classes of public companies must issue securities only in dematerialised form by complying ... Summary
Dematerialisation of securities required for public offers, with conversion permitted for other companies upon statutory compliance.
Mandatory rule: companies making public offers and prescribed classes of public companies must issue securities only in dematerialised form by complying with the Depositories Act and its regulations; other companies may convert to dematerialised form or issue physically in accordance with applicable statutory provisions or issue dematerialised securities under the Depositories Act.
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