Sebi proposes compulsory demat share issuance during stock-split – Times of India
MUMBAI: Sebi is proposing to issue all shares in demat mode in case a company splits or consolidates the face value of its shares. The regulator is also proposing to issue demat shares in case of corporate restructuring.The inherent benefits of demated shares, mainly elimination of risks associated with physical certificates that is loss, theft,…