CDSL :: FAQs :: Rematerialisation

Answer your queries on a depository's activities, as well as CDSL, in this glossary of Frequently Asked Questions.

REMATERIALISATION OF DEMAT SECURITIES

	In case of request for rematerialisation, does one get back the same certificate/s that he had got dematerialised?
	If the certificate issued on rematerialisation has some mistake in name or other features, whom should the investor contact?
	Does the remat request constitute transfer and attract stamp duty?
	Can securities be rematerialised in odd lots?

In case of request for rematerialisation, does one get back the same certificate/s that he had got dematerialised?

	a) No, the Issuer / RTA issues new certificate/s with generally different distinctive numbers.
	b) The new certificate/s may be issued under new folio number or in the existing folio, if investor already has one with the company.

If the certificate issued on rematerialisation has some mistake in name or other features, whom should the investor contact?

The Issuer or RTA, as the case may be.

Does the remat request constitute transfer and attract stamp duty?

No. Remat does not amount to a transfer and does not attract any stamp duty.

Can securities be rematerialised in odd lots?

A beneficial owner can remat his holding even if it is an odd lot.