In reference to the notification by the Ministry of Corporate Affairs (MCA) on September 10, 2018, regarding the issuance of securities in Dematerialization form by Unlisted Public Companies, NSDL Database Management Limited (NDML) is offering its RTA services to Issuers of various types of securities such as unlisted equities and debt instruments such as Commercial Paper, Certificate of Deposit, Debentures, Securitized instruments etc.
Ministry of Corporate Affairs (MCA) had on September 10, 2018, published this notification regarding the issuance of securities in dematerialization form by Unlisted Public Companies. MCA notification is available at http://www.mca.gov.in/Ministry/pdf/CompaniesProspectus3amdRule_10092018.pdf
NSDL Database Management Limited (NDML) which is a wholly owned subsidiary of National Securities Depository Limited (NSDL) is ‘Category I – Registrar to an Issue and Share Transfer Agent (RTA)’ registered with Securities and Exchange Board of India (SEBI).
NDML has earned the trust of 1000+ reputed Issuers that uses its RTA services. NDML clients include reputed industrial groups – Adani, Arvind, AirAsia, Bombay Dyeing, Balaji Telefilms, eMudhra, Godrej Agrovat, Ceat (RPG), Indian Hotels (Tata), NDTV, Essel, JSW, L&T, L&T Finance, Thermax, Mahindra & Mahindra, Lumax; PSUs such as Coal India, NTPC, REC, PFC; Banks such as ICICI Bank, IDFC Bank; MNCs such as Deutsche Investments, Morgan Stanley and Thomson Reuters.
For issuance of securities in dematerialized form, the first step is the appointment of Registrar & Transfer Agent (RTA) having electronic connectivity with the depositories. NDML has a dedicated team to coordinate with the Depositories and will act as Single Point of Contact for users. The team will ensure end-to-end transaction processing experience without any need for users to coordinate with depositories separately.
Following are the officials who will guide users in dematerialization of equity shares.
- Nilesh Bhandare, email – nileshb@nsdl.co.in, Mobile No. 9833515383
- Sunil Kamble, email – sunilk@nsdl.co.in, Mobile No. 9920135596
Kindly ignore this in case you have already admitted shares of your company with depositories for dematerialization.
Also Read Blog: Unlisted Public Companies Shall Dematerialize Shares by 2 Oct 2018
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