NISM Series II A : Registrars to an Issue and Share Transfer Agents - Corporate Exam Notes
Page 92 Of 136
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Investor accounts: Beneficiary accounts hold dematerialized securities for trading.
Dematerialisation benefits: Enhances security, reduces paperwork, and speeds up transfers.
Depository role: Ensures safe custody and efficient transfer of securities.
DP eligibility: Includes banks, brokers, RTAs, and NBFCs with SEBI registration.
Beneficiary account: Investor’s account with a DP for holding demat securities.
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