Govt asks all private companies to demat shares by September 2024
The move to demat private company shares is seen boosting the business prospects of the country’s two depositories — Central Depository Services (CDSL) and National Securities Depository (NSDL).
This could perhaps mean that 470 company addition record this quarter may even be exceeded again a few times by end of 2024.
Disclaimer: heavily invested in cdsl. Views are biased. Words not to be construed as financial advice.
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