Depository provides reports updating details of BOs on a fortnightly basis to Issuer/R&T Agent.
Issuer and/or R and T Agent shall inform the depository of any proposed changes in the address of the Registered Offices, Corporate Office or of the location where the equipment for communication with the depository is situated not less than 30 days before the date of change.
The Issuer/RTA has to ensure that the dematerialization and rematerialization of the shares are processed within 15 and 30 days respectively.
If the Issuer/RTA rejects any dematerialization request, it has to inform the depository electronically about the rejection within 15 days.
A DP may be required to open two categories of A/c for clients - Beneficiary A/c and Clearing Member A/c.
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