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of <h1>Issuance of securities certificates and handling unclaimed securities: dematerialisation mandate and 30-day processing requirement apply.</h1> Regulation 39 mandates listed entities to comply with obligations for issuance and dealing in securities, requiring effecting credit for investor requests (subdivision, split, consolidation, renewal, exchanges, duplicates for lost or deteriorated certificates) in dematerialised form within thirty days of receipt, and to issue securities under any scheme of arrangement or corporate reorganisation only in dematerialised form, opening separate demat accounts for investors without one. Listed entities must follow procedural requirements in Schedule VI for securities issued in public or other issues that remain unclaimed or lie in escrow, making these processes mandatory and time-bound.
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