Kathmandu, July 30 2015
CDSC has instructed 31 listed companies to get their shares fully dematerialized by Shrawan 32, 2072.
CDSC had earlier instructed 34 listed companies to get their shares fully de-materialized. Now, there will be a total of 65 companies being traded in DEMAT form by the end of Shrawan.
Although the shares of these companies may be sold in both materialized and demat form, the buyers will get the ownership only in the demat form from Sharawan 17.
The CDS has also said that shares in Blank Transfer (BT) of all the 31 companies will have to be sold or sent for ownership transfer (OT) at their respective RTS within 15 days beginning Sharawan 17. After Shrawan 31, the press statement says, the transactions in the shares of these companies cannot take place in the BT form as the shares of these companies will have to be traded in the demat form.
CDSC has instructed 31 listed companies to get their shares fully dematerialized by Shrawan 32, 2072.
CDSC had earlier instructed 34 listed companies to get their shares fully de-materialized. Now, there will be a total of 65 companies being traded in DEMAT form by the end of Shrawan.
Although the shares of these companies may be sold in both materialized and demat form, the buyers will get the ownership only in the demat form from Sharawan 17.
The CDS has also said that shares in Blank Transfer (BT) of all the 31 companies will have to be sold or sent for ownership transfer (OT) at their respective RTS within 15 days beginning Sharawan 17. After Shrawan 31, the press statement says, the transactions in the shares of these companies cannot take place in the BT form as the shares of these companies will have to be traded in the demat form.
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