NISM Certifications · NISM-Series-VI: Depository Operations · Functions of Depository Participant - Dematerialisation
Ms. Banerjee holds shares in her demat account and wants physical certificates again. Which request must she submit to her DP?
She must submit a Remat Request Form to her DP. Rematerialisation converts electronic holdings back into physical certificates, and the DP routes the request through the depository to the issuer or RTA, blocking the balance until certificates are issued.
- ARemat Request Form (RRF)Correct
- BDelivery Instruction Slip for off-market transfer
- CPledge creation form
- DTransaction-cum-holding statement request
Explanation
Rematerialisation is the reverse of demat, initiated through a Remat Request Form. The DP sends the request to the depository, which forwards it to the issuer/RTA; the demat balance is blocked until certificates are issued. A DIS merely transfers securities between accounts.
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