Shares in demat form must for processing investors' service requests: Sebi

Sebi said that requests for effecting transfer of securities will not be processed unless the securities are held in the dematerialised form with a depository.

New Delhi: With an aim to enhance ease of dealing in securities markets, Sebi on Tuesday said listed companies will issue the securities in dematerialised form only while processing the service request from investors.

Also, the regulator has put in place operational guidelines for dematerialisation of securities while processing investor's service request.

As an on-going measure to enhance ease of dealing in securities markets by investors, it has been decided that listed companies will henceforth issue the securities in dematerialised form only while processing certain service request, Sebi said in a circular.