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Dematerialisation of securities

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Full Text of the Document

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....entire holding of convertible securities of the company by the promoters held in physical form up to the date of the initial public offer shall be converted into dematerialised form before such offer is made and thereafter such promoter shareholding shall be held in dematerialized form only. 2[(2) Every public company which issued share warrants prior to commencement of the Companies Act, 2013 (1....