INVESTORS
Depository Activity

 

The Shares of the Company are required to be compulsorily traded in dematerialised form. These Shares are available for trading under both the Depository Systems in India - NSDL and CDSL.

 

If you wish to maintain your shareholding in the electronic form, you would be required to open an Account with a Depository Participant (DP) registered with either NSDL or CDSL and surrender the share certificates for dematerialisation through your DP with whom you open your account

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.

 

The Depository System permits reconversion of electronic Shares into physical form through a process of rematerialisation.

Rematerialisation of Shares

 

  • Step 1: Beneficial owner submits Rematerialisation Request Form (RRF) to DP
  • Step 2: DP intimates the Depository of the request through the system.
  • Step 3: DP submits RRF to ITC's Investor Service Centre (ISC).
  • Step 4: ISC sends an acknowledgement letter confirming receipt to the DP.
  • Step 5: ISC updates account and prints certificates.
  • Step 6: The Depository downloads the details to the DP.
  • Step 7: ISC despatches the certificate(s) to the shareholder.

 

As in the physical form, the Shares of the Company may be purchased and/or sold in the dematerialised form through any registered broker of a Stock Exchange. There is no stamp duty payable for transfers under the Depository mode.

 

Address for Correspondence with Depository:

 

National Securities Depository Ltd.

Central Depository Services (India) Ltd.

Naman Chambers
Plot C-32, G-Block, 3rd Floor
Bandra Kurla Complex, Bandra East
Mumbai 400 051
Marathon Futurex, 'A' Wing, 25th Floor
Mafatlal Mills Compound
N. M. Joshi Marg, Lower Parel
Mumbai 400 013
Telephone no.022-4886-7000Telephone no.08069144800
Facsimile nos.022-2497 6351Facsimile nos.022-2300-2035
e-mailinfo@nsdl.co.ine-mailhelpdesk@cdslindia.com
website: www.nsdl.co.inwebsite: www.cdslindia.com

 

For names of the DP's registered with NSDL and CDSL, click on to their respective website given above.