Vidhu Duggal & Co....
Dematerialisation of Securities by Private Company by 30th September, 2024
Dematerialisation of Securities by Private Company by 30th September, 2024

30 Mar, 2024

By Vidhu

452 Likes

Dematerialisation of Securities by Private Company by 30th September, 2024

·       Every private company to dematerialise all its securities, issue securities only in dematerialised form and permit transactions in securities only in a dematerialised form.

·       Until now, only public companies were required to do this.

·       Applicable to all private Companies except:

o   small company, i.e., a private company with a paid-up share capital of INR 4 crores or below, and turnover of INR 40 crores or below; and

o   government company.