Govt to unlisted cos: Issue shares in demat form

The government will soon make it mandatory for unlisted companies to issue new shares only in the dematerialised form, senior officials said, amid intensified efforts to fight the black money menace. Besides, the unlisted corporates would have to ensure that shares are transferred only in dematerialised (demat) or electronic form.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2odhOue

Newer Post Older Post