Article

Physical Share Certificate
June 07 , 2012

Earlier in India, share certificate was a physical document where your name as the holder of shares was entered. A sale involved physically handing over the document to the new buyer, after getting his name entered in place of yours. While physical share certificates still exist, a bulk of the market has moved to dematerialised (demat) mode. Here, the process is electronic and your ownership of shares is only an entry appearing in your demat account. Today all trading is compulsorily in demat form and physical share certificates are on their way to extinction.

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