A demat request can be rejected in the case of the following objections. The table below gives the reasons for rejection and the action that DPs (Depository Participant) need to take in case of each objection.

Dematerialisation - Rejection of DRF

If the Issuer/R&T Agent (Registrar and Transfer Agents) rejects the demat request due to signature or name mismatch and returns the security certificates, the investor can initiate a new demat request. This involves submitting the demat request form, the security certificate, and a Signature Variation Form. If the Issuer/RTA requires banker's verification, the investor should also provide a specimen of the signature(s) verified by a Bank Manager, complete with an official stamp/seal. This submission should include all relevant details such as the holder's bank account number. The documents are then forwarded to the Depository Participant for further submission to the Issuer/R&T Agent.

Same procedure is followed for Address update, If you've recently changed your residence and overlooked updating your address, you might encounter difficulties accessing your shares. Fortunately, our specialized services are specifically crafted to address your needs in such situations. We understand the challenges associated with these changes and are here to provide tailored assistance, ensuring you can effectively manage and access your shares with updated and accurate information.