Dematerialisation & Rematerialisation

RCMC processes a dematerialisation request within 15 days and a rematerialisation request within 30 days — the timelines SEBI mandates for a Registrar and Share Transfer Agent, published in full in the RCMC Investor Charter.

Dematerialisation is the conversion of physical share certificates into demat form. Converting shares requires the RTA to confirm the validity of the certificates, coordinate their cancellation, and instruct the depository to credit the shareholder's demat account. Each step carries its own verification requirement.

Rematerialisation — the reverse process — is less common but equally precise. When a shareholder requests a physical certificate from their demat holding, the RTA must coordinate the demat debit, produce a physical certificate, and deliver it within the required timeframe.

Backlogs of outstanding demat requests are common when RTAs are slow to process. RCMC clears them. Our commitment is that there are no outstanding demat or remat requests left unresolved under our management — and that new requests are processed within the regulatory timelines without exception.

Company Secretaries of listed and unlisted companies where physical share certificates remain in circulation and shareholders are requesting demat conversion. Companies that have accumulated a backlog of outstanding demat requests under a previous RTA and need them resolved.