Govt working on time-bound plan for conversion of unlisted cos' shares into demat form

The government is working on a time-bound action plan for unlisted companies to convert their shares into dematerialised form, and MSMEs are likely to be exempted from the requirement, according to a senior official

Govt working on time-bound plan for conversion of
Keeping shares in the dematerialised (demat) or electronic form will also act as a safeguard against illegal dealings involving unlisted companies. Image source: Reuters

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