Customer care hotline Call +44 7831 065557
Login to the new experience with best features and services
Finance
Summary: Re-materialisation is the process in which a client can get shares and securities held in a Demat account converted into their physical forms of share certificates. Read the article below to know more.
Re-materialisation is the process by which a client can get shares and securities held in a Demat Account converted into physical share certificates by submitting a re-materialisation request to its Depository Participant (DP) with whom they have a demat account. The DP will then start processing the request by entering the details in their system, which will block holdings to the extent of the remat request. The DP will then release the request to the concerned depository (NSDL/CDSL) and also send the Remat Request Form (RRF) received from the client to the Issuer / R&T agent. If the details are found satisfactory, the Issuer / R&T agent then prints the certificates, despatches the same to the client directly, and simultaneously electronically confirms the acceptance of the remat request to the concerned depository (NSDL/CDSL). Thereafter, the client's blocked balances are debited from the demat account.
Before initiating a re-materialisation request in a security, the client must ensure that they have sufficient free balances in that security in their demat account
Disclaimer
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Metra Trust or its affiliates to any licensing or registration requirements. Metra Trust shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.