Procedure Current 18 Jul 2026

CDC Procedures for Conversion/Replacement of Physical Shares into Book-Entry Form

Legal basis

Section 72 of the Companies Act, 2017 read with Regulation 44 of the Companies Regulations, 2024

What it does

Once a shareholder has a CDS account and the company is set up in CDS, the shareholder submits the original physical share certificate(s) and a signed Transfer Deed (with Share Transfer Stamp, where applicable) to CDC Investor Account Services or their CDS Participant (broker). The company then logs into its CDS portal and approves the conversion request, after which the shares are credited to the shareholder's account in book-entry form and an eAlert confirms the credit.

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