Meaning of demutualisation and dematerialisation
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Demutualisation is a process by which the customer owned mutual organization or co-operative changes legal form to a joint stock company.
Dematerialisation is a process of converting physical shares into electronic format.
Dematerialisation is a process of converting physical shares into electronic format.
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→ It is the conversion of the physical share and debenture certificates to an electronic form.
→ Any investor who has already converted the securities and debenture certificates to electronic formats has the option of changing them to physical form once again.
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