The mandate issued by the Ministry of Corporate Affairs (MCA) on 27 October 2023, which
includes the addition of Rule 9B to the Companies (Prospectus and Allotment of Securities)
Rules, 2014, has made dematerialization of securities compulsory for private limited
companies (excluding small companies and government companies). Subsidiaries of foreign
holdings are covered under the mandatory group for this change.
Why Dematerialization is Crucial for your Business
Safety and Security
- Eliminates risks such as theft, damage, or loss of physical certificates.
- Enhances security with electronic transactions.
Ease and Convenience
- Enables transactions anytime, anywhere.
- Streamlines record management for better efficiency
- Aligns with the digital best practices, promoting hassle-free transfers.
Enhanced Transparency and Corporate Governance
- Ensures authenticity and traceability of shareholder information.
- Identifies true owners in complex structures.
- Deters fraud and supports sustainability
- Facilitates regulatory oversight through digital records.
Cost Reduction
- Reduces costs associated with manual record maintenance and overall record management.
How Nexdigm
can assist you
Nexdigm is supporting organizations in providing dematerialization services. Our services include a seamless transition from physical to digital securities, covering all aspects involved in the process. Our expert team ensures a smooth transition, minimizing disruptions and maximizing the benefits of dematerialized securities. We are assisting hundreds of companies in embracing this new era of corporate governance and investor relations.
Our Services include









Why choose Nexdigm?
Comprehensive Project Management

A 360-degree approach to regulatory compliance.
Optimized Planning

Proven Expertise

Standardized processes for handling complex scenarios.
End-to-End Service Integration

Nexdigm’s Advantage
Comprehensive Direct and Indirect Procurement Support
Tailored Staff Augmentation
Seamless Collaboration Across Time Zones
Diverse Skillset
Technology-Driven
Transformation
Nexdigm’s Advantage





Nexdigm Advantage
High-impact Projects delivered by our Team
The Latest
Data Privacy and Security
Information Security
Management System
under ISO 27001:2013
Personal Information
Management System
under BS 10012
Quality Management
Quality
Management System
under ISO 9001:2015