- Step 1: Shareholder
surrenders defaced certificates along with Dematerialisation Request Form
(DRF) to his DP.
- Step 2: DP intimates the Depository of the request through the system.
- Step 3: DP submits the certificate(s) along with DRF to ITC's Investor Service Centre (ISC).
-
Step 4: ISC sends an acknowledgement letter confirming receipt to the DP.
- Step 5:
ISC
updates records and validates the request
- Step 6:
The
Depository credits the DP's account.
- Step 7: DP
updates the investors account & informs investor.
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