The securities of India's established companies are all admitted into CDSL for dematerialisation.

JOINING PROCEDURE - COMMERCIAL PAPER / CERTIFICATE OF DEPOSIT / PASS THROUGH CERTIFICATE  (PTC)
 

Procedure for admission of Commercial Paper (C.P) / Certificate of Deposit (C.D)/ Pass Through Certificate (PTC) into CDSL

  1. If the company's equity is already admitted with CDSL


    Forward the Master Creation Form for Commercial Paper / Certificate of Deposit / Pass through Certificate duly completed and letter of extension /offer letter on Rs.100/- non judicial stamp paper. In case of PTCs certified copy of board resolution indicating allotment of PTCs or Trust Deed is also to be submitted.


    On receipt of the offer letter, the ISIN number will be allotted and the CP/CD/PTC will be made live on the CDSL system.

  2. If the company's equity is not admitted with CDSL


    Forward the documents as mentioned for admission of equity shares


    Appoint a Registrar (RTA) connected to CDSL.


    The Master Creation Form (MCF) for CP/CD/PTC duly completed by the company should be forwarded to CDSL.


    Once all the documents are submitted by the company, the details of the company are evaluated internally at CDSL and the tri-partite (for-franking / on-stamp-paper) or bi-partite (for-franking / on-stamp-paper) agreement is executed


    The security is thereafter made live in CDSL.

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