Also Read: Demat Account: How to create long-term wealth? Follow these 6 key steps Submit a duly signed Rematerialisation Request Form (RRF) to your Depository Participant (DP) if you wish to convert your dematerialised holdings of securities into physical certificates. If you have appointed a Power of Attorney (POA) holder, they can also sign the RRF, provided the POA is registered with the Issuer/Registrar and Transfer Agent (RTA). Also Read: Demat Account: What is Basic Services Demat Account and what are its features? Upon receiving the RRF, your DP will verify the form and generate the rematerialisation request in the system.
This request is then forwarded to the issuer, or RTA, for further processing. After confirmation by the issuer or RTA, the specified quantity of securities will be debited from your demat account. Finally, the issuer, or RTA, will issue the securities in physical form directly to you, the Beneficial Owner (BO).
Also Read: How to open a joint demat account? Here's a step-by-step guide Yes, locked-in securities in a demat account are eligible for rematerialisation. If a Beneficial Owner (BO) holds both free and locked-in securities for a particular ISIN (International Securities Identification Number), separate Rematerialisation Request Forms (RRFs) are required for rematerialising the free quantity and the quantity under locked-in. Also Read: Demat account: What is leverage trading and how does it work? If the locked-in balance is subject to different locked-in reasons or has different expiry dates, separate RRFs must be submitted.
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