Sebi mulls mandatory demat account for existing shareholders, promoters ahead of IPOs
- Posted on April 30, 2025
- By Business News Today
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Sebi mulls mandatory demat account for existing shareholders, promoters ahead of IPOs
SEBI has proposed that certain shareholders, including directors, key managerial personnel, and current employees, must hold their shares in dematerialized form before an IPO document is filed. This move aims to eliminate risks associated with physical share certificates, such as loss and forgery.
