Dematerialisation of Shares
- 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.