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Compliance

Dematerialisation of Shares

Last updated: August 2026 · Reviewed by the Ravel Corporate Advisors team

Company law now requires many private companies to hold and transfer shares in electronic form. We help companies dematerialise their shares — from obtaining an ISIN to converting existing certificates — and stay compliant.

Key takeaways

  • Converts physical share certificates to secure electronic form.
  • Now mandatory for many private companies (except small companies).
  • Involves ISIN, a depository/RTA tie-up and demat conversion.
  • Keeps your company able to issue and transfer shares.

What the process involves

  • Obtaining an ISIN for the company’s securities.
  • Tying up with a depository (NSDL/CDSL) and, where needed, an RTA.
  • Converting existing physical shares to demat form.
  • Enabling shareholders to hold shares in demat accounts.
  • Related MCA filings and ongoing compliance.

Why it matters

Under the extended Companies Act requirements, private companies beyond the “small company” threshold must dematerialise their securities and route future issues and transfers through the demat system. Until the company complies, it can be blocked from issuing new shares or allowing transfers — directly affecting fundraising and succession.

Our process

  1. Applicability check — whether the rules apply to your company.
  2. Setup — ISIN, depository and RTA coordination.
  3. Conversion — physical shares dematerialised.
  4. Compliance — filings completed and records updated.
Demat fits within your wider ROC compliance and annual filing.
FAQs

Dematerialisation of Shares — your questions answered

Converting physical share certificates into electronic (demat) form held in a depository, making shareholding secure, transferable and compliant with current company law.

The requirement has been extended to many private companies (other than small companies). If your company falls within the rules, you must dematerialise your shares.

Non-compliance can restrict the company from issuing or transferring securities and may attract penalties.

Yes. Each shareholder needs a demat account to hold the dematerialised shares. We guide them through opening one.

Get share demat done

Share your company details and we’ll check applicability and handle the full process.

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