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    <title>Exemptions from 100% promoter(s) holding in demat form</title>
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    <description>Specified narrow exemptions to the promoter dematerialisation obligation include: physical-mode sales not lodged for transfer; shareholdings that are sub judice; inability to convert due to a promoter&#039;s death; and short pendency in listing approval or conversion for newly allotted shares. Companies must apply to stock exchanges with documentary evidence; exchanges must implement systems, publish guidance, amend bye laws, disseminate the circular and report implementation.</description>
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      <description>Specified narrow exemptions to the promoter dematerialisation obligation include: physical-mode sales not lodged for transfer; shareholdings that are sub judice; inability to convert due to a promoter&#039;s death; and short pendency in listing approval or conversion for newly allotted shares. Companies must apply to stock exchanges with documentary evidence; exchanges must implement systems, publish guidance, amend bye laws, disseminate the circular and report implementation.</description>
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