Process Details
Upon satisfactory verification of dematerialization requests, the Depository/RTA/Company will credit shares directly to the shareholder's demat account within 30 days from receipt of request. Post confirmation, the shareholder will be intimated regarding successful credit and dematerialization.
Benefits of Dematerialization
The company outlines several benefits for shareholders:
- Convenient mode of holding securities, especially for those holding shares of multiple companies
- Immediate transfer of securities
- Reduction in paperwork and transaction costs
- Time savings for address/bank account changes recorded with Depository Participant
- Facilitates direct credit of shares for IPO allotment, Rights Issue, Bonus Issue, Stock Split
- Eases portfolio management and provides online access through internet
Additional Information
The intimation has been placed on the company's website at www.trentlimited.com. The company's registered office is at Bombay House, 24 Homi Mody Street, Mumbai - 400 001. Email: investor.relations@trent-tata.com, Phone: 022-67008090.