Dabur is one of the first few companies to opt for depository system. Through a press release, the Securities & Exchange Board of India has announced that the delivery of shares of the Company in dematerialised form will be compulsory on all stock exchanges with facilities for trading in electronic form, for all categories of investors with effect from May 31, 1999. In view of this, all the shareholders having shares in physical form are advised to get their shares converted into electronic form. The procedure for dematerialisation of shares is as under:.
1) Open an account in the name(s) of shareholder(s) with any of the Depository Participants (DP).
2) Surrender the original share certificate to the DP together with duly filled & signed Demat Request Form. The shareholders will be required to use the original Demat Request Form of the concerned DP.
3) Confirm with DP the credit of shares to your Demat Account.