The securities of India's established companies are all admitted into CDSL for dematerialisation.
JOINING PROCEDURE - EQUITY & PREFERENCE SHARES
Procedure for admission of Equity & Preference Shares with CDSL
The company should forward certified true copy(ies) of the following document(s) to CDSL along with the
Master Creation Form (MCF),
Soft copy of security details in Prescribed Format ( Equity /
Preference Shares ) and a demand draft favouring 'Central Depository Services (India) Limited' towards Annual Charges
through their RTA:
Annual Report for the last 3 years
Board resolution for admission of securities with CDSL, about authorised signatory(ies) and appointment of RTA
Memorandum & Articles of Association along with Certificate of Incorporation
Draft Offer Document,
in case of IPO
Brief profile of the Company and Promoters
Networth Certificate
Bank attested specimen signature(s) of authorised signatory(ies) - Applicable in case of listed companies
Self attested copy(ies) of Pan card or Passport of authorised signatory(ies)
Secretarial Audit Report - Applicable in case of listed companies
Capital Confirmation / Listing Certificate(s) from the Stock Exchange(s) where the security is listed
Capital Confirmation / In-principle Approval(s) of listing from the Stock Exchange(s) where the security is proposed to be listed
Form-2 along with ROC receipt (Applicable in case of increase in the paid-up capital after the latest balance sheet)
Letter from RTA confirming electronic and physical connectivity (Mandatory in case of listed companies)
Threshold criteria for admission of Equity Shares of companies listed with Regional Stock Exchanges i.e. other than BSE/NSE
i) The networth of the company should be at least Rs.1 crore and if the networth is eroded, such erosion should not be more than 50% Or
ii) There should be trading in the equity shares of the company for at least 50 days during the preceding twelve months
The above criteria will not apply to PSUs
Please note that the abovementioned criteria are the threshold criteria for admission of equity shares of listed companies with Regional Stock Exchanges i.e. other than those listed with BSE/NSE. All applications, which are qualified by the aforesaid criteria for admission, are considered by the Securities Committee of CDSL. The Securities Committee accepts or rejects the application for admission on merits.
Note :
Soft copy(ies) of above mentioned document(s) may be forwarded at – issueradmission@cdslindia.com