Dematerialization and Benefits

Investors / Dematerialization Of Shares / Dematerialization and Benefits

Attention Shareholders Holding Shares in Physical Form

1) Transfer of Securities in Dematerialisation form with effect from April 1, 2019

Regulation 40 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 has mandated that transfer of securities would be carried out only when securities are held in dematerialisation form with effect from April 1, 2019. Hence, in order to facilitate seamless transfer of shares in future, shareholders holding shares in physical form are requested to dematerialize their securities.

2) What is dematerialisation of shares:

The process of converting physical securities (shares, stocks, mutual fund units, bonds, debentures, etc) into electronic form is known as dematerialisation. Dematerialisation offers flexibility along with security and convenience. Holding share certificates in physical format carried risks like certificate forgeries, loss of important share certificates, and consequent delays in certificate transfers. Dematerialisation eliminates these hassles by allowing customers to convert their physical certificates into electronic format.

3) Benefits of dematerialisation of shares:

  • Safe and convenient mode of holding securities of multiple companies.
  • No risks associated with physical share certificates- such as loss of certificates, mutilation of certificates, bad delivery, fake/ forged certificates or endorsements, etc.
  • Easy and instant transfer of securities.
  • No stamp duty on transfer of securities in demat mode.
  • Direct credit of benefits and corporate actions such as rights shares, bonus shares, stock split, etc. in the demat account of the shareholder.

Shareholders can visit the below mentioned websites of the Depositories viz., Central Depository Services (India) Limited (CDSL) or National Securities Depository Limited (NSDL) for understanding the procedure of dematerialization of shares:

NSDL website:

CDSL website:

In case of any queries, you may contact the Company or its Registrar and Transfer Agent:

Mr. N R Ravikrishnan
General Counsel, Chief Compliance Officer and Company Secretary

Tejas Networks Limited
Plot No 25, J P Software Park, Hosur Road,

Tel:+91 80 4179 4600
Fax : +91 80 2852 0201
LinkIntime India Private Limited
C-101, 1st Floor, 247 Park, L.B.S. Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India

Tel:+91 22 4918 6200
Fax: +91 22 4918 6195
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