MCA Notification on Mandatory Dematerialization of Securities for Private Companies
An operational roadmap for private companies to complete ISIN generation, depository connectivity, and share demat compliance under Rule 9B.
Private companies (excluding small companies and government companies) must ensure 100% dematerialization of all shares and convertible debentures held by promoters, directors, and key managerial personnel prior to undertaking any buyback, bonus issue, or rights offering.
Vikramaditya Singhania
Senior Managing Partner • New Delhi
Vikramaditya Singhania is the Founder and Senior Managing Partner of Vertex Legal LLP. With over 28 years of elite practice, Vikramaditya is...