💨 Abstract

The Indian government has introduced a mandate requiring private limited companies in India, beyond a prescribed threshold, to convert their physical share certificates into digital form (dematerialization). Foreign investors will need a demat account to hold and transact in their investments, a process that involves extensive paperwork and adherence to regulatory standards. Challenges include obtaining a PAN, choosing a Depository Participant, and dealing with Indian regulations, documentation, and requirements.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖