From April 1, shares can be transferred in demat form only, says Sebi

Securities and Exchange Board of India (Sebi) on Wednesday said the transfer of shares of listed companies can be done only in the dematerialised (demat) form from April 1 but investors are not barred from holding shares in the physical form.

In December 2018, the watchdog extended the deadline for the transfer of shares of listed companies only in demat form to April 1.

Now, it has been decided not to extend the deadline.