DEMAT/TRANSFER INFORMATION
Company’s Shares are listed at
1. National Stock Exchange of India Ltd Script Code: ORIENTPPR 592A01026
2. Bombay Stock Exchange Limited Script Code: 502420
Depository services
The equity shares of the company are under compulsory demat trading by all investors. Shares are available for demat with both the depositories in India – National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL).
Considering the advantages of scripless trading, shareholders holding shares in physical form should consider dematerialisation of their holding.
Dematerialisation of shares
Shareholder(s) who want to hold shares in demat form should open a demat account with a depository participant (DP) registered with either NSDL or CDSL, and then surrender their share certificate(s) for dematerialisation to the company through the DP. List of DPs registered with NSDL and CDSL is available on their respective websites.
Steps involved in dematerialisation of shares:
- Shareholder fills out a Dematerialisation Request Form (DRF) and surrenders the defaced share certirficate(s) alongwith the DRF to the DP
- The DP intimates the company of this request through the system of NSDL/CDSL
- The DP submits the share certificate(s) and the DRF to the company
- The company updates the Register of Members and then validates the request
- The Depository credits the DP’s account
- The DP updates the investor’s demat account and informs the shareholder
At present, no stamp duty has to be paid on transfer of shares in demat form.
Rematerialisation of shares
Under the depository system, there is provision for rematerialisation of shares i.e. re-conversion of dematerialised shares into physical shares.
Steps involved in rematerialisation of shares:
- Beneficial owner fills out a Rematerialisation Request Form (RRF) and submits the same to the DP
- DP intimates the company of this request through the system of NSDL/CDSL
- DP submits the RRF to the company
- The company updates the Register of Members and confirms the request through the system of NSDL/CDSL
- The company prints the share certificate and despatches the same to the shareholder by registered post