Dematerialisation is the process by which a client can get physical certificates

Dematerialisation is the process by which a client can get physical certificates converted into electronic balances. An investor intending to dematerialise its securities needs to have an account with a DP. The client has to deface and surrender the certificates registered in its name to the DP. After intimating NSDL electronically the DP sends the securities to the concerned Issuer/ R&T agent. NSDL in turn informs the Issuer/ R&T agent electronically using NSDL Depository system about the request for dematerialisation. If the Issuer/ R&T agent finds the certificates in order it registers NSDL as the holder of the securities (the investor will be the beneficial owner) and communicates to NSDL the confirmation