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of <h1>Listed entities must dematerialise and issue confirmations within 30 days for allotments, transfers, splits, consolidations, lost certificates</h1> A listed entity must follow applicable securities rules for allotment/acceptance/rights, transfers, subdivision, consolidation, renewal, exchanges, endorsements and related actions, and must effect issuance of letters of confirmation, receipts or advices-including for duplicates or worn/lost certificates-in dematerialised form within thirty days of lodgement. Securities issued under schemes of arrangement or following split/subdivision/consolidation must be issued only in dematerialised form, and a separate demat account must be opened for investors lacking one. The entity must also follow prescribed procedures when dealing with unclaimed securities or securities lying in escrow from public or other issues.
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