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Sebi proposes compulsory demat share issuance during stock-split

IndiaTimes Tuesday, 14 January 2025
SEBI proposes issuing only demat shares during share splits, consolidations, and corporate restructuring to eliminate risks tied to physical certificates. A consultation paper highlights demat's advantages like fraud prevention and increased transparency, aiming for mandatory dematerialisation of securities. Public comments are invited until February 4.
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