The equity shares of the company are under compulsory demat trading by all investors.
Shares are available for demat with both the depositories in India — National Securities
Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL). Considering
the advantages of scripless trading, shareholders holding shares in physical form
should consider dematerialisation of their holding. For this purpose, shareholders
will have to open a demat account with a depository participant (DP) registered
with either NSDL or CDSL and then surrender their share certificate(s) for dematerialisation
to the company through the DP.
Steps involved in the dematerialisation of shares
Shareholder fills out a dematerialisation request form (DRF) and surrenders the
defaced share certificate(s) to the DP
- The DP intimates the company of this request through the system
- The DP submits the share certificate(s) and the DRF to the company
- The company updates the register of members and then validates the request
- The depository credits the DP's account
- The DP updates the investor's demat account and informs investor
At present, no stamp duty has to be paid on transfer of shares in demat form. Shareholders
can also opt for transfer and demat facility.
Name and address of depository
National Securities Depository Ltd., Trade World, 4th Floor,
Kamala Mills Compound, Senapati Bapat Marg,
Lower Parel, Mumbai - 400 013.
Central Depository Services (India) Ltd.,
Phiroze Jeejeebhoy Towers, 16th Floor,
Dalal Street, Mumbai - 400 023.
Over 98 percent of outstanding equity in dematerialised form as on 31th
Registrar and transfer agents :
Karvy Computershare Private Limited
Unit: UltraTech Cement Limited
“Karvy Selenium Tower B, Plot 31-32,
Gachibowli Financial District,
Hyderabad – 500 032
Share transfer system :
Share transfers in physical form are registered and returned within a period of
12 days from the date of receipt, if the documents are clear in all respects. Shareholders
can opt for transfer and demat facility.