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Can I de-materialize shares held by a single owner into a joint demat account?

Modified on: Tue, 26 Jul, 2022 at 1:32 PM

No, for de-materialization of shares, the name on the share certificate should match the name on the DEMAT account. If the share certificates are held by a single holder, it can't be dematerialized into a Joint demat account.


If the share certificates are jointly held, the shares have to be dematerialized into a Joint demat account with the same names as on the share certificate.


Also read


How to dematerialize shares?


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